HomeMy WebLinkAbout2010-05-26 RMLD Board of Commissioners MinutesMart Time of Regular Session:
End Tune of Regular Session:
Re-Enter Regular Session:
End Time Regular Session:
Attendees:
Commissioners:
Mary Ellen O'Neill, Chairman
Robert Soli, Commissioner
Reading Municipal Light Board of Commissioners
Regular Session
230 Ash Street
Reading, MA 01867
May 26, 2010
7:02 p.m.
7:05 p.m.
7:50 p.m.
9:15 p.m.
Staff:
Vinnie Cameron, General Manager
Jeanne Foti, Executive Assistant
Robert Fournier, Accounting/Business Manager
Kevin Sullivan, E&O Manager
Citizens' Advisory Board:
Arthur Carakatsane, CAB Member
Philip B. Patin, Secretary
Gina Snyder, Commissioner
Beth Ellen Antonio, Human Resources Manager
Craig Owen, Materials Manager
Jane Parenteau, Energy Services Manager
Guest:
Diedre Lawrence, Rubin & Rudman
Richard Cushing, Cushing, Jamallo & Wheeler
"
r
J
r;
X1;1
~ t~h
~
f
r
y
L', r
Chairman O'Neill called the meeting to order at 7:02 p.m. Chairman O'Neill stated that the RMLD Board will be entering
into Executive Session which is anticipated to last one hour and will return to Regular Session.
Executive Session
7:05 p.m. Mr. Soli made a motion seconded by Ms. Snyder that the Board go into Executive Session to discuss strategy
ith respect to litigation and based on Chapter 164 Section 47D exemption from public records and open meeting
requirements in certain instances, to discuss strategy with respect to collective bargaining and return to Regular Session for
the purposes of continuing Regular Session.
Mr. Soli, Aye; Ms. Snyder, Aye; and Chairman O'Neill, Aye.
Motion carried 3:0:0. Secretary Pacino was not present for the vote.
The RMLD Board re-entered Regular Session at 7:50 p.m.
Chairman O'Neill recognized CAB Chairman, Arthur Carakatsane. Mr. Sullivan introduced Richard Cushing, Cushing,
Jamallo & Wheeler, RMLD's licensed site professionals.
Chairman O'Neill reported that there has been a request for a minor change to the agenda. Chairman O'Neill pointed out the
change will be to take the MGL Chapter 30 B Bid, IFB 2010-7 Hazmat Remediation out of order after the minutes to
accommodate a guest.
April 28, 2010 Board Minutes
Mr. Pacino made a motion seconded by Ms. Snyder that the Regular Session meeting minutes of April 28, 2010 be approved
as presented.
Motion carried 4:0:0.
MGL Chapter 30 B Bid
IFB 2010-7 Hazmat Remediation
Chairman O'Neill explained that the material for this bid was e-mailed yesterday and all Board members have a hard copy
this evening. Mr. Sullivan explained why the bid was necessary and said that the bid was sent to forty firms with five
responding.
. Pacino made a motion seconded by Ms. Snyder that bid 2010-07 for Hazmat Remediation Services be awarded to WL
rrench Excavating Co. Inc., for a two year period ending June 30, 2012 for an estimated cost of $617,704 as the lowest
qualified bidder on the recommendation of the General Manager.
Motion carried 4:0:0.
May 26, 2010
Report from RMLD Board Committees
Chairman O'Neill thanked the committee members and staff for all the hard work they had done for the committee meetings
this month.
v
Policy Committee - Commissioner Soli
Mr. Soli said that the Policy Committee has four policies for approval, two policies due to federal and state law changes. Mr.
Soli explained that one policy is to be consistent with the Town of Reading.
Other Post Employment Benefits Liability Trust Fund
Mr. Soli stated that federal law mandates a trust fund be created in order to ensure that health benefits are fimded. Mr. Soli
explained that MGL Chapter 32 B § 20, if accepted by the Board, requires that a funding schedule be adopted; a custodian,
which would be the Reading Town Treasurer appointed; and an audit completed every three years. The General Manager is
also required to send this information to the State Public Employee Retirement Administration Commission for approval.
Mr. Soli reported that at the committee meeting they did recommend approval of this policy. Chairman O'Neill added that at
the committee meeting all the motions were approved.
Mr. Pacino had one minor suggestion to the policy: to put in "or equivalent standards setting board" because the board name
may change in the next couple of years. Ms. Snyder had one minor change: to add "will" in front of the word "be".
Mr. Soli made a motion seconded by Mr. Pacino that the RMLD Board of Commissioners accept Section 20 of
Massachusetts General Law Chapter 32B.
Motion carried 4:0:0.
Mr. Soli made a motion seconded by Ms. Snyder that the RMLD Board of Commissioners appoint the Reading Town
Treasurer as the custodian of the Other Post Employment Benefits Liability Trust Fund.
Motion carried 4:0:0.
Mr. Soli made motion seconded by Ms. Snyder that the RMLD Board of Commissioners accept the Other Post Employment
Benefits Liability (OPEB) Trust Fund Policy, RMLD Policy Number 8.
Motion carried 4:0:0.
Vehicle Anti Idling
Mr. Soli said that both the State and the Town of Reading prohibit vehicle idling for more than five minutes. The proposed
policy sets forth the responsibilities for the Board, the General Manager and RMLD employees. There are certain
exemptions listed in the policy.
Mr. Soli made a motion seconded by Ms. Snyder that the RMLD Board of Commissioners accept the Vehicle Anti Idling
Policy, RMLD Policy Number 31.
Motion carried 4:0:0.
Identity Theft Prevention Program
Mr. Soli said that this policy has been developed to meet a federal act which requires municipal utilities to develop and
implement identity theft prevention programs.
Mr. Soli made a motion seconded by Ms. Snyder that the RMLD Board of Commissioners accept the Identity Theft
Prevention Policy, RMLD Policy Number 29.
Motion carried 4:0:0.
RMLD Board Policy
Mr. Soli stated that this policy needs to be cleaned up with the following changes - ratepayers replaced with customers; the
RMLD Business/Accounting Manager had a change in its meeting with the Town Accountant from quarterly to semi-
annually, also the new OPEB section needs to be incorporated; and the names of certain committees need to be revised.
Mr. Soli made a motion seconded by Ms. Snyder that the RMLD Board of Commissioners accept the RMLD Board Policy,
Number 19, Revision 12.
Motion carried 4:0:0.
may zo, /-uiu
Report from RMLD Board Committees
Budget Committee - Secretary Pacino
011 Operating Budget
Cameron provided a brief presentation on the fiscal year 2011 Operating Budget on Draft 1 items and what was approved
`oy the Budget Committee.
Mr. Pacino said that the Budget Committee has concerns with budgeted revenues. Final Revenues are pending from the
upcoming Cost of Service Study. Thus the committee approved the operating expenses, the non operating revenues and non
operating expenses 3:0:0.
Mr. Carakatsane said that the CAB approved different numbers on the second draft of the fiscal year 2011 Operating Budget
with the net income in the amount of $2,309,819 and recommended the budget to the Board for approval. The CAB was
informed of changes made subsequent to its meeting, but deemed the changes, totaling $48,000, not significant enough to
return the budget to the CAB.
Mr. Pacino made a motion seconded by Ms. Snyder that the RMLD Board of Commissioners adopt the projected Fiscal Year
2011 Operating Expenses of $83,555,091; Non-Operating Revenues of $1,270,000; and Non-Operating Expenses of
$2,237,000.
Motion carried 4:0:0.
2011 Capital Budget
Mr. Cameron provided a brief presentation on the fiscal year 2011 Capital Budget.
Mr. Carakatsane pointed out that the CAB met twice on both the Operating and Capital Budgets. Mr. Carakatsane said that
the money from fiscal year 2010 to fiscal year 2011 was the primary change in Draft 2. The CAB did recommend the
$5,605,581 fiscal year 2011 Capital Budget to the Board.
Discussion followed.
Pacino made a motion seconded by Ms. Snyder that the RMLD Board of Commissioners accepts the Fiscal Year 2011
pital Budget - Draft 2 in the amount of $5,605,581.
Motion carried 4:0:0.
Power & Rate Committee - Chairman O'Neill
Power Supply Request for Proposal
Chairman O'Neill said that the Committee met recently in Executive Session to discuss the RFP for power supply for the
next four years. This was also considered in the Board's Executive Session held earlier this evening. The Committee and
Executive Session motions both approved the procurement of power supply according to the RMLD's Strategic Power
Supply Plan.
Mr. Carakatsane said that the CAB had met and the layering and laddering approach for power supply was discussed and
seems to be working well.
Chairman O'Neill made a motion seconded by Mr. Soli that the RMLD Board of Commissioners authorize the General
Manager to execute one or more Power Supply Agreements in accordance with the RMLD's Strategic Power Supply Plan for
power supply purchases for a period not to exceed 2011 through 2014 and in amounts not to exceed 20.375 MW in 2011,
20.700 MW in 2012, 18.300 MW in 2013, and 18.875 MW in 2014.
Motion carried 4:0:0.
On another matter, Chairman O'Neill had a general reminder to the Board and staff that any changes in Committee or Board
items need to be brought back to the respective committee for review or submitted to the Board.
General Manager's Report - Mr. Cameron
Twenty Year Agreement Highlights and Twenty Year Agreement Memorialization
Mr. Cameron reported that it is the twentieth anniversary of the original Twenty Year Agreement. All four towns have
"nroved the extension. The towns of Reading and North Reading have accepted the extension by vote of their Board of
:ctmen. The towns of North Reading and Wilmington at their respective town meetings have directed their Board of
selectmen to execute the extension. Mr. Pacino said that he would like to know about any memorialization meetings with the
Towns and will try to be in attendance.
May 26, 2010
General Manager's Report - Mr. Cameron
Twenty Year Agreement Highlights and Twenty Year Agreement Memorialization
Mr. Cameron requested that the Board sign the Twenty Year Agreement memoralization this evening. He commented that it
is a good agreement that was crafted with the Towns and the RMLD. Mr. Cameron explained that the memorialization is an
accumulation of what actions the four towns have taken.
Financial Report-April 2010 - Mr. Fournier (Attachment 1)
Mr. Fournier reported that for the month of April, net income or the positive change in net assets was $750,000 increasing the
year to date net income for the first nine months to $3.2 million. The budgeted net income for this period was $2.1 million,
resulting in net income being over budget by $1.1 million or 3%. Fuel revenues exceeded fuel expenses by $2.7 million. In
addition, year to date energy conservation revenues exceeded energy conservation expenses by $175,000. The Gaw soil
remediation expenses total $628,000 to date.
Mr. Fournier stated that base revenues were over budget by $113,000 or less than one-half of I%. Actual base revenues were
$32.6 million compared to the reforcasted amount of $32.5 million.
Mr. Fournier commented that purchased power base expense was $434,000, less than 2% over budget. Actual purchased
power base costs were $23.0 million compared to the budgeted amount of $22.6 million.
Mr. Fournier noted that the Operating Fund balance is at $5.8 million, Capital Funds balance is at $5.5 million, Rate
Stabilization Fund balance is at $5.3 million. Deferred Fuel Fund balance is at $4.0 million and the Energy Conservation
balance is at $366,000.
After discussion of the Deferred Fuel Cash Reserve Fund balance the consensus was that the Board would discuss this in July
and that a question on whether or not customers prefer to have the rates smoothed out would be included in the next customer
service survey.
Power Supply Report April 2010 - Ms. Parenteau (Attachment 2)
Ms. Parenteau reported on the Power Supply Report for April. The RMLD's load for April 2010 was 53 million kWh which
is flat compared to April 2009. Energy costs were $2.6 million which is equivalent to $.04928 per kWh. The April Fuel
Charge Adjustment was $.0565 per kWh. The kilowatt sales were 53.7 million kWh and the RMLD overcollected by
$353,000 resulting in a Deferred Cash Fuel Reserve of $4 million.
The RMLD purchased 17.8%0 of its energy requirement from the ISO-NE Spot Market with the average price at $32.50 per
megawatt hour or 3.2¢ per kilowatt hour. The RMLD hit a demand of 95.6 megawatts on April 7 at 9:00 p.m. This compares
to 110 megawatts in April 2009 at 5:00 p.m. RMLD's requirement was 252 megawatts which is based on last summer's
peak. The RMLD paid $1.6 million for capacity, equivalent to $6.34 a kilowatt month. The RMLD paid $583,000 in
transmission costs to ISO-NE.
Discussion followed.
Engineering and Operations Report April 2010 - Mr. Sullivan (Attachment 3)
Gaw Update
Mr. Sullivan reported on the Gaw project for April. As far as milestones Mr. Sullivan does not foresee any significant
changes until May. Mr. Sullivan reported that all three line set ups at Gaw are separated. Mr. Sullivan reported on what
remains to be done:
Mr. Sullivan reported that on the variance report for the capital projects, under routine construction $20,700 has been re-
classed to capital project 7. Highlights of the capital plan include: Haverhill Street - Project 6 have framed and installed
pulling rope, received the 556 cable that will be installed next week, the URD Completion - Project 7 one portion is
complete, Salem Street to Glen Road 13kV Feeder Tie In - Project 8 it should be complete a week and a half. Substation -
Project 11 this work will be largely carried to fiscal year 2011. Mr. Sullivan reported that in April 40 cutouts were replaced
for a total of 612 cutouts which represents over 107% of the running total.
Mr. Sullivan reported that the CAIDI dropped thirty minutes from March to April, from 66.05 minutes to 36.6 minutes. The
rolling average year to date increased from 41.97 minutes to 44.29 minutes. The SAIFI decreased marginally from .70
incidents to .69 incidents. The MBTI increased from March to April from 17.14 minutes to 17.39 minutes.
May 26, 1UIU
Engineering and Operations Report April 2010 -Mr. Sullivan (Attachment 3)
Gaw Update
T. Sullivan reported that on the reliability side there were no storm events. There were 78 calls, 21 outage incidents with
1,029 customers affected. The types of outages included: 1 feeder, 18 area outages, and 2 service outages. The causes are as
follows: 6 tree conditions with primary, 3 tree conditions with secondary, 4 outages caused by animals, 2 bad connectors, 1
failed hardware, and 5 broken cutouts (3 which were the old type, 1 broken by a tree, 1 new).
Discussion followed.
General Discussion
Chairman O'Neill said that she would like a review of how to improve on the budget process. Mr. Pacino suggested
appointing a subcommittee for the Board to look at the process. Chairman O'Neill said she would address this at the June
meeting of the Board.
On another matter, Chairman O'Neill suggested exploring the idea having a brainstorming evening on energy efficiency and
environmental issues and look at what can be done.
Chairman O'Neill said that she would like a lour of Station 5, Wildwood for the Board and the CAB prior to the June or July
Board meeting.
Chairman O'Neill suggested not having an RMLD Board meeting in August only if it did not negatively impact the
Department such as bids. Mr. Carakatsane pointed out that many of the Board members will be attending the NEPPA
Conference in August.
BOARD MATERIAL AVAILABLE BUT NOT DISCUSSED
Rate Comparisons, May 2010
E-Mail responses to Account Payable/Payroll Questions
-°,,gcoming Meetings
LD Board Meetings
Wednesday, June 30, 2010, Wednesday, July 28, 2010
Adjournment
At 9:15 p.m. Mr. Pacino made a motion seconded by Mr. Soli to adjourn the Regular Session.
Motion carried 4:0:0.
A true copy of the RMLD Board of Commissioners minutes
as approved by a majority of the Commission.
Philip B. Pacino, Secretary
RMLD Board of Commissioners
TOWN OF READING, MASSACHUSETTS
MUNICIPAL LIGHT DEPARTMENT
BUSINESS-TYPE PROPRIETARY FUND
STATEMENT OF NET ASSETS
4/30/10
PREVIOUS YEAR
CURRENT YEAR
ASSETS
CURRENT
UNRESTRICTED CASH
(SCH A
P.9)
RESTRICTED CASH
(SCH A
P.9)
RESTRICTED INVESTMENTS
(SCH A
P.9)
RECEIVABLES, NET
(SCH B
P.10)
PREPAID EXPENSES
(SCH B
P.10)
INVENTORY
TOTAL CURRENT ASSETS
NONCURRENT
INVESTMENT IN ASSOCIATED CO
(SCH C
P.2)
CAPITAL ASSETS, NET
(SCH C
P.2)
OTHER ASSETS
(SCH C
P.2)
TOTAL NONCURRENT ASSETS
TOTAL ASSETS
7,691,862.07
14,727,899.03
4,400,000.00
8,045,989.07
1,152,672.98
1,457,904.87
37,476,328.02
122,391.17
64,194,582.39
16,603.90
64,333,577.46
101,809,905.48
5,810,528.47
15,595,772.52
4,400,000.00
7,436,121.00
1,579,717.81
1,454,998.89
36,277,138.69
97,690.11
65,660,229.99
14,523.70
65,772,443.80
102,049,582.49
LIABILITIES
CURRENT
ACCOUNTS PAYABLE
4,849,104.17
5,804,150.95
CUSTOMER DEPOSITS
495,344.49
493,550.76
CUSTOMER ADVANCES FOR CONSTRUCTION
712,594.28
392,533.09
ACCRUED LIABILITIES
1,299,383.94
1,259,093.10
CURRENT PORTION OF BONDS PAYABLE
550,000.00
0.00
TOTAL CURRENT LIABILITIES
7,906,426.88
7,949,327.90
NONCURRENT
BONDS PAYABLE, NET OF CURRENT PORTION
0.00
0.00
ACCRUED EMPLOYEE COMPENSATED ABSENCES
2,682,217.58
2,873,114.33
TOTAL NONCURRENT LIABILITIES
2,682,217.58
2,873,114.33
TOTAL LIABILITIES
10,588,644.46
10,822,442.23
NET ASSETS
INVESTED IN CAPITAL ASSETS, NET OF RELATED DEBT
63,644,662.10
65,660,229.99
RESTRICTED FOR DEPRECIATION FUND (P.9)
4,885,933.12
5,542,457.61
UNRESTRICTED
22,690,745.51
20,024,452.66
TOTAL NET ASSETS (P.3)
91,221,261.02
91,227,140.26
TOTAL LIABILITIES AND NET ASSETS
101,809,905.48
102,049,582.49
(1)
TOWN OF READING, MASSACHUSETTS
MUNICIPAL LIGHT DEPARTMENT
NONCURRENT ASSET SCHEDULE
4/30/10
SCHEDULE OF INVESTMENTS IN ASSOCIATED COMPANIES
NEW ENGLAND HYDRO ELECTRIC
NEW ENGLAND HYDRO TRANSMISSION
TOTAL INVESTMENTS IN ASSOCIATED COMPANIES
SCHEDULE C
PREVIOUS YEAR CURRENT YEAR
46,153.24 36,244.74
76,237.93 61,445.37
122,391.17 97,690.11
SCHEDULE OF CAPITAL ASSETS
STRUCTURES AND IMPROVEMENTS
EQUIPMENT AND FURNISHINGS
INFRASTRUCTURE
TOTAL UTILITY PLANT
SCHEDULE OF OTHER ASSETS
PURCHASED POWER WORKING CAPITAL
UNAMORTIZED DEBT EXPENSE
TOTAL OTHER ASSETS
TOTAL NONCURRENT ASSETS
1,265,842.23 1,265,842.23
7,288,907.18 7,005,719.88
11,902,603.08 13,071,518.15
43,737,229.90 44,317,149.73
64,194,582.39 65,660,229.99
14,523.70 14,523.70
2,080.20 0.00
16,603.90 14,523.70
64,333,577.46 65,772,443.80
(2)
TOWN OF READING, MASSACHUSETTS
MUNICIPAL LIGHT DEPARTMENT
BUSINESS-TYPE PROPRIETARY FUND
STATEMENT OF REVENUES, EXPENSES AND CHANGES IN FUND NET ASSETS
4/30/10
OPERATING REVENUES: (SCH D P.11)
BASE REVENUE
FUEL REVENUE
PURCHASED POWER CAPACITY
FORFEITED DISCOUNTS
ENERGY CONSERVATION REVENUE
PASNY CREDIT
TOTAL OPERATING REVENUES
OPERATING EXPENSES: (SCH E P.12)
PURCHASED POWER BASE
PURCHASED POWER FUEL
OPERATING
MAINTENANCE
DEPRECIATION
VOLUNTARY PAYMENTS TO TOWNS
TOTAL OPERATING EXPENSES
OPERATING INCOME
_7- ?ERATING REVENUES (EXPENSES)
)NTRIBUTIONS IN AID OF CONST
`RETURN ON INVESTMENT TO READING
INTEREST INCOME
INTEREST EXPENSE
OTHER (MDSE AND AMORT)
TOTAL NONOPERATING REV (EXP)
CHANGE IN NET ASSETS
NET ASSETS AT BEGINNING OF YEAR
NET ASSETS AT END OF APRIL
MONTH MONTH LAST YEAR CURRENT YEAR YTD %
LAST YEAR CURRENT YEAR TO DATE TO DATE CHANGE
2,963,816.44
3,085,000.90
32,858,803.54
32,643,230.50
-0.66%
3,039,592.83
3,034,544.66
47,561,241.01
36,434,519.31
-23.39%
487,569.37
562,754.55
2,353,850.98
3,714,946.58
57.82%
62,157.01
76,001.53
723,194.76
728,011.95
0.67%
41,870.70
43,134.77
312,935.46
458,999.20
46.68%
(1,123,803.91)
(62,656.68)
(1,259,659.51)
(451,922.77)
-64.12%
5,471,202.44 6,738,779.73 82,550,366.24 73,527,784.77 -10.93%
2,265,071.28
2,191,177.03
21,562,477.29
23,028,630.72
6.80%
1,825,571.10
2,618,558.77
44,228,928.43
33,697,024.27
-23.81%
642,709.14
632,746.60
6,597,582.43
6,732,203.27
2.04%
190,844.23
188,508.89
1,897,057.75
2,373,297.42
25.10%
261,200.00
280,105.78
2,612,000.00
2,801,057.80
7.24%
100,750.00
104,500.00
984.231.00
1,044,746.00
6.15%
5,286,145.75 6,015;597.07 77,882,276.90 69,676,959.48 -10.54%
185,056.69 723,182.66 4,668,089.34 3,850,825.29 -17.51%
2,704.81
199,005.23
245,863.96
760,081.07
209.15%
(176,060.33)
(182,222.50)
(1,760,604.32)
(1,822,225.00)
3.50%
24,324.39
3,110.01
322,465.05
157,857.05
-51.05%
(3,850.60)
(1,254.96)
(39,167.24)
(18,305.17)
-53.26%
9,719.51
2,392.00
161,585.54
259,190.90
60.40%
(143,162.22)
21,029.78
(1,069,857.01)
(663,401.15)
-37.99%
41,894.47 744,212.44
3,598,232.33 3,187,424.14 -11.42%
87,623,028.69 88,039,716.12 0.48%
91,221,261.02 91,227,140.26 0.01%
(3)
TOWN OF READING, MASSACHUSETTS
MUNICIPAL LIGHT DEPARTMENT
BUSINESS-TYPE PROPRIETARY FUND
STATEMENT OF REVENUES, EXPENSES AND CHANGES IN FUND NET ASSETS
4/30/10
OPERATING REVENUES: (SCH F P.11B)
BASE REVENUE
FUEL REVENUE
PURCHASED POWER CAPACITY
FORFEITED DISCOUNTS
ENERGY CONSERVATION REVENUE
PASNY CREDIT
TOTAL OPERATING REVENUES
ACTUAL BUDGET
YEAR TO DATE YEAR TO DATE VARIANCE*
CHANGE
OPERATING EXPENSES: (SCH G P.12A)
PURCHASED POWER BASE
PURCHASED POWER FUEL
OPERATING
MAINTENANCE
DEPRECIATION
VOLUNTARY PAYMENTS TO TOWNS
TOTAL OPERATING EXPENSES
OPERATING INCOME
NONOPERATING REVENUES (EXPENSES)
CONTRIBUTIONS IN AID OF CONST
RETURN ON INVESTMENT TO READING
INTEREST INCOME
INTEREST EXPENSE
OTHER (MDSE AND AMORT)
TOTAL NONOPERATING REV (EXP)
CHANGE IN NET ASSETS
NET ASSETS AT BEGINNING OF YEAR
NET ASSETS AT END OF APRIL
* ( ) = ACTUAL UNDER BUDGET
REFORECASTED AS OF 12/31/09
6 MONTHS ACTUAL/6 MONTHS BUDGET
32,643,230.50
32,530,230.00
113,000.50
0.35%
36,434,519.31
35,821,117.00
613,402.31
1.71%
3,714,946.58
3,588,457.00
126,489.58
3.52%
728,011.95
707,593.00
20,418.95
2.89%
458,999.20
465,948.00
(61948.80)
-1.49%
(451,922.77)
(210,225.00)
(241,697.77)_
100.00%
73,527,784.77 72,903,120.00 624,664.77 0.86%
23,028,630.72
22,594,083.00
434,547.72
1.92%
33,697,024.27
34,801,006.68
(1,103,982.41)
-3.17%
6,732,203.27
6,899,671.44
(167,468.17)
-.2.43%
2,373,297.42
1,821,666.64
551,630.78
30.28%
2,801,057.80
2,810,634.68
(9,576.88)
-0.34%
1,044,746.00
1,044,746.00
0.00
0.00%
69,676,959.48
69,971,808.44
(294,848.96)
-0.42%
3,850,825.29
2,931,311.56
919,513.73
31.37%
760,081.07
610,356.00
149,725.07
24.53%
(1,822,225.00)
(1,822,235.00)
10.00
0.00%
157,857.05
236,575.00
(78,717.95)
-33.27%
(18,305.17)
(18,290.00)
(15.17)
0.08%
259,190.90
149,358.00
109,832.90
73.54%
(663,401.15)
(844,236.00)
180,834.85
-21.42%
3,187,424.14 2,087,075.56 1,100,348.58
88,039,716.12 88,039,716.12 0.00
91,227,140.26 90,126,791.68 1,100,348.58
52.72%
0.00%
1.22%
(3A)
TOWN OF READING, MASSACHUSETTS
MUNICIPAL LIGHT DEPARTMENT
RECONCILIATION OF CAPITAL FUNDS
4/30/10
SOURCE OF CAPITAL FUNDS:
DEPRECIATION FUND BALANCE 7/1/09
CONSTRUCTION FUND BALANCE 7/1/09
INTEREST ON DEPRECIATION FUND FY 10
DEPRECIATION TRANSFER FY 10
FORCED ACCOUNTS REIMBURSEMENT
GAW SUBSTATION MY 10)
TOTAL SOURCE OF CAPITAL FUNDS
USE OF CAPITAL FUNDS:
PAID ADDITIONS TO PLANT THRU APRIL
PAID ADDITIONS TO GAW THRU APRIL
TOTAL USE OF CAPITAL FUNDS
GENERAL LEDGER CAPITAL FUNDS BALANCE 4/30/10
PAID ADDITIONS TO GAW FROM FY 10
PAID ADDITIONS TO GAW FROM FY 09
PAID ADDITIONS TO GAW FROM FY 08
TOTAL
4,403,129.56
1,000,000.00
18,853.10
2,801,057.80
0.00
1,123,615.00
9,346,655.46
2,680,582.85
1,123,615.00
3,804,197.85
5,542,457.61
1,123,615.00
3,136,764.00
1,895,975.00
6,156,354.00
(4)
TOWN OF READING, MASSACHUSETTS
MUNICIPAL LIGHT DEPARTMENT
SALES OF KILOWATT HOURS
4/30/10
MONTH
MONTH
LAST YEAR
CURRENT YEAR
YTD %
SALES OF ELECTRICITY:
LAST YEAR
CURRENT YEAR
TO DATE
TO DATE
CHANGE
RESIDENTIAL SALES
17,733,520
19,519,599
211,282,756
209,064,190
-1.05%
COMM. AND INDUSTRIAL SALES
31,071,244
31,560,864
354,576,538
336,710,454
-5.04%
PRIVATE STREET LIGHTING
71,005
71,242
711,826
710,293
-0.22%
TOTAL PRIVATE CONSUMERS
48,875,769
51,151,705
566,571,120
546,484,937
-3.55%
MUNICIPAL SALES:
STREET LIGHTING
239,323
238,833
2,406,566
2,374,390
-1.34%
MUNICIPAL BUILDINGS
806,210
779,788
10,169,547
8,327,307
-18.12%
TOTAL MUNICIPAL CONSUMERS
1,045,533
1,018`621
12,576,113
10,701,697
-14.90%
SALES FOR RESALE
246,811
230,211
2,835,199
2,739,164
-3.39%
SCHOOL
1,362,940
1,311,344
9,566,208
12,260,805
28.17%
TOTAL KILOWATT HOURS SOLD
51,531,053
53,711,881
591,548,640
572,186,603
-3.27%
(5)
MONTH
YEAR TO DATE
LAST YEAR
TO DATE
RESIDENTIAL
COMM & IND
PVT ST LIGHTS
PUB ST LIGHT
MUNI BLDGS
SALES/RESALE
SCHOOL
TOTAL
RESIDENTIAL
COMM & IND
PVT ST LIGHTS
PUB ST LIGHTS
=1 BLDGS
SALES/RESALE
SCHOOL
TOTAL
RESIDENTIAL
CONK & IND
PVT ST LIGHTS
PUB ST LIGHTS
SALES/RESALE
SCHOOL
TOTAL
KILOWATT HOURS SOLD TO TOT
MONTH
RESIDENTIAL
COMM & IND
PVT ST LIGHTS
PUB ST LIGHTS
MUNI BLDGS
SALES/RESALE
SCHOOL
YEAR TO DATE
TOTAL
RESIDENTIAL
COMM & IND
PVT ST LIGHTS
PUB ST LIGHTS
MUNI BLDGS
SALES/RESALE
SCHOOL
LAST YEAR
TO DATE
TOTAL
RESIDENTIAL
COMM & IND
PVT ST LIGHTS
PUB ST LIGHTS
SALES/RESALE
SCHOOL
TOTAL
TOWN OF READING, MASSACHUSETTS
MUNICIPAL LIGHT DEPARTMENT
KILOWATT HOURS SOLD BY TOWN
4/30/10
TOTAL READING LYNNFIELD NO.READING WILMINGTON
19,519,599
6,571,888
2,443,386
4,511,933
5,992,392
31,560,864
3,918,602
252,046
5,227,150
22,163,066
71,242
13,867
1,360
21,222
34,793
238,833
80,436
32,589
39,657
86,151
779,788
228,903
130,959
145,155
274,771
230,211
230,211
0
0
0
1,311,344
464,470
271,005
192,600
383,269
53,711,881
11,508,377
3,131
345
10
137
717
28
934
,
,
,
,
,442
209,064,190
65,820,874
29,329,920
48,335,228
65,578,168
336,710,454
41,837,386
2,725,650
52,992,839
239,154,579
710,293
139,482
13,600
209,564
347,647
2,374,390
788,195
328,248
396,981
860,966
8,327,307
2,253,088
1,395,256
1,575,359
3,103,604
2,739,164
2,739,164
0
0
0
12,260,805
4,472,662
2,491,732
1,590,240
3,706,171
572,186,603
118,050,851
36,284
406
105
100
211
312
7
,
,
,
,
51,135
211,282,756
67,002,835
29,670,661
49,235,600
65,373,660
364,746,085
47,402,784
4,807,816
63,528,360
249,007,125
711,826
137,982
13,640
216,634
343,570
2,406,566
821,786
328,570
396,168
860,042
2,835,199
2,835,199
0
0
0
9,566,208
3,601,292
1,854,334
1,196,240
2,914,342
591,548,640
121,801,878
36,675,021
114,573,002
318,498,739
TOTAL
READING
LYNNFIELD
NO.READING
WILMINGTON
36.35%
12.24%
4.55%
8.40%
11.16%
58.76%
7.30%
0.47%
9.73%
41.26%
0.13%
0.03%
0.00%
0.04%
0.06%
0.44%
0.15%
0.06%
0.07%
0.16%
1.45%
0.43%
0.24%
0.27%
0.51%
0.43%
0.43%
0.00%
0.00%
0.00%
2.45%
0.86%
0.50%
0.36%
0.72%
100.00%
21.44%
5.82%
18.87%
53
87%
.
36.54%
11.50%
5.13%
8.45%
11.46%
58.85%
7.31%
0.48%
9.26%
41.80%
0.12%
0.02%
0.00%
0.04%
0.06%
0.41%
0.14%
0.06%
0.07%
0.14%
1.46%
0.39%
0.24%
0.28%
0.55%
0.48%
0.48%
0.00%
0.00%
0.00%
2.14%
0.78%
0.44%
0.28%
0.64%
100.00%
20.62%
6.35%
18.38%
54
65%
.
35.72%
11.33%
5.02%
8.32%
11.05%
61.65%
8.01%
0.81%
10.74%
42.09%
0.12%
0.02%
0.009,
0.04%
0.06%
0.41%
0.14%
0.06%
0.07%
0.14%
0.48%
0.48%
0.00%
0.00%
0.00%
1.62%
0.61%
0.31%
0.20%
0.50%
100.00%
20.59%
6.20%
19.37 %
S
S
AL
53.84=%
(6)
TOWN OF READING, MASSACHUSETTS
MUNICIPAL LIGHT DEPARTMENT
FORMULA INCOME
4/30/10
TOTAL OPERATING REVENUES (P.3)
ADD:
LESS:
POLE RENTAL
INTEREST INCOME ON CUSTOMER DEPOSITS
OPERATING EXPENSES (P.3)
BOND INTEREST EXPENSE
CUSTOMER DEPOSIT INTEREST EXPENSE
FORMULA INCOME (LOSS)
73,527,784.77
119,936.60
1,789.44
(69,676,959.48)
(4,445.77)
(13,859.40)
3,954,246.16
(7)
TOWN OF READING, MASSACHUSETTS
MUNICIPAL LIGHT DEPARTMENT
GENERAL STATISTICS
4/30/10
SALE OF KWH (P.5)
XWH PURCHASED
AVE BASE COST PER KWH
AVE BASE SALE PER KWH
AVE COST PER KWH
AVE SALE PER KWH
FUEL CHARGE REVENUE (P.3)
LOAD FACTOR
PEAK LOAD
MONTH OF
APR 2009
51,531,053
52,979,532
0.042754
0.057515
0.077212
0.116501
3,039,592.83
65.55%
110,720
MONTH OF
% CHANGE
YEAR
THRU
APR 2010
2009
2010
APR 2009
APR 2010
53,711,881
-2.00%
-3.27%
591,548,640
572,186,603
53,132,239
-2.49%
-0.36%
591,548,640
589,440,219
0.041240
21.02%
9.55%
0.035662
0.039069
0.057436
5.40%
2.71%
0.055547
0.057050
0.090524
22.84%
-11.56%
0.108812
0.096236
0.113933
23.49%
-11.20%
0.135948
0.120726
3,034,544.66
37.32%
-23.39%
47,561,241.01
36,434,519.31
76.15%
95,585
(8)
>
0 O > W
W
rrV~^J VJ
cz ( n ~ ~
VJ VJ c`•{!
N-
1 1 ~
01 add
04 adW
0l 83d
N Ndr
60 034
60 AON
60100
60 d3S
60 nd
60,l 1nf
60 Nnr
60 At/W
60 add
60 UM
60 83d
60 Ndf
90030
N
80 AON
80100
80 d3S
o
S
E)nd
so -inr
=
80 Nnr
/
♦
80 AVIV
80
y
add
so adw
so 93d
80 Nvr
LO 030
LO AON
LO 100
LO d3S
LO E)nv
LO lnr
LO Nnr
Lo AM
LO add
T
0
°
0
C
C) °
LO
d
-
N
T
T
0
0
0
0
0
0
6
6
C
; C
; C
; C
;
6
a 6
a 6
c> V
6
a 6
a
TOWN OF READING, MASSACHUSETTS
MUNICIPAL LIGHT DEPARTMENT
SCHEDULE OF CASH AND INVESTMENTS
4/30/10
SCHEDULE A
UNRESTRICTED CASH
CASH - OPERATING FUND
CASH - PETTY CASH
TOTAL UNRESTRICTED CASH
RESTRICTED CASH
PREVIOUS YEAR CURRENT YEAR
7,688,862.07 5,807,528.47
3,000.00 3,000.00
7,691,862.07 5,810,528.47
CASH - DEPRECIATION FUND
4,885,933.12
5,542,457.61
CASH - TOWN PAYMENT
1,107,200.00
1,146,900.00
CASH - BOND PAYMENTS
484,000.00
0.00
CASH - DEFERRED FUEL RESERVE
2,977,983.77
4,024,966.52
CASH - RATE STABILIZATION FUND
3,303,660.59
2,401,832.89
CASH - UNCOLLECTIBLE ACCTS RESERVE
28,988.15
28,988.15
CASH - SICK LEAVE BENEFITS
1,259,537.19
1,405,178.54
CASH - INSURANCE RESERVE
35,251.72
35,251.72
CASH - HAZARD WASTE RESERVE
150,000.00
150,000.00
CASH - CUSTOMER DEPOSITS
495,344.49
493,550.76
CASH - ENERGY CONSERVATION
0.00
366,646.33
TOTAL RESTRICTED CASH
14,727,899.03
15,595,772.52
RESTRICTED INVESTMENTS
RATE STABILIZATION *
2,900,000.00
2,900,000.00
SICK LEAVE BENEFITS
1,500,000.00
1,500,000.00
TOTAL RESTRICTED INVESTMENTS
4,400,000.00
4,400,000.00
TOTAL CASH BALANCE
26,819,761.10
25,806,300.99
APRIL 2009
* FED HOME LOAN MTG CORP 1,400,000.00;
DTD 05/08/08; INT 4.00%;
MATURITY 11/15/13
FED HOME LOAN MTG CORP 500,000.00;
DTD 01/17/08; INT 4.25%;
MATURITY 07/15/13
FED HOME LOAN MTG CORP 500,000.00;
DTD 01/25/08; INT 4.25%;
MATURITY 01/15/15
FED HOME LOAN MTG CORP 500,000.00;
DTD 11/13/07; INT 5.25%;
MATURITY 11/13/17
APRIL 2010
* FED HOME LOAN MTG CORP 1,400,000.00; DTD 07/02/09; INT 3.25%; MATURITY 07/15/14
FED HOME LOAN MTG CORP 1,500,000.00; DTD 01/23/09; INT 2.00%; MATURITY 01/15/13
FED HOME LOAN MTG CORP 500,000.00; DTD 01/23/09; INT 2.00%; MATURITY 01/15/13
FED HOME LOAN MTG CORP 500,000.00; DTD 06/01/09; INT 3.70%; MATURITY 06111116
FED NATIONAL MTG ASSN 500,000.00; DTD 05/07/09; INT 3.00%; MATURITY 05/15/15
(9)
TOWN OF READING, MASSACHUSETTS
MUNICIPAL LIGHT DEPARTMENT
SCHEDULE OF ACCOUNTS RECEIVABLE
4/30/10
SCHEDULE B
SCHEDULE OF ACCOUNTS RECEIVABLE
RESIDENTIAL AND COMMERCIAL
ACCOUNTS RECEIVABLE - OTHER
ACCOUNTS RECEIVABLE - LIENS
ACCOUNTS RECEIVABLE - EMPLOYEE ADVANCES
SALES DISCOUNT LIABILITY
RESERVE FOR UNCOLLECTIBLE ACCOUNTS
TOTAL ACCOUNTS RECEIVABLE BILLED
UNBILLED ACCOUNTS RECEIVABLE
TOTAL ACCOUNTS RECEIVABLE, NET
SCHEDULE OF PREPAYMENTS
PREPAID INSURANCE
PREPAYMENT PURCHASED POWER
PREPAYMENT PASNY
PREPAYMENT WATSON
TOTAL PREPAYMENT
ACCOUNTS RECEIVABLE AGING APRIL 2010:
RESIDENTIAL AND COMMERCIAL
LESS: SALES DISCOUNT LIABILITY
GENERAL LEDGER BALANCE
PREVIOUS YEAR
3,232,027.79
285,925.62
156,042.50
1,067.16
(208,474.50)
(182.961.25)
3,283,627.32
4,762,361.75
8,045,989.07
712,634.85
109,721.73
330,316.40
0.00
CURRENT
30 DAYS
60 DAYS
90 DAYS
OVER 90 DAYS
TOTAL
1,152,672.98
3,436,793.48
(249,022.37)
3,187,771.11
CURRENT YEAR
3,436,793.48
135,182.30
157,671.62
1,067.16
(249,022.37)
(218,515.77)
3,263,176.42
4,172,944.58
7,436,121.00
928,803.27
246,751.78
264,212.66
139,950.10
1,579,717.81
2,501,593.38
78.47%
329,730.07
10.34%
155,725.89
4.89%
88,786.69
2.79%
111,935.08
3.51%
3,187,771.11
100.00%
(10)
TOWN OF READING, MASSACHUSETTS
MUNICIPAL LIGHT DEPARTMENT
SCHEDULE OF OPERATING REVENUE
4/30/10
SCHEDULE D
MONTH
MONTH
LAST YEAR
CURRENT YEAR
YTD
SALES OF ELECTRICITY:
LAST YEAR
CURRENT YEAR
TO DATE
TO DATE
CHANGE
RESIDENTIAL SALES
2,265,683.95
2,437,547.09
31,107,692.38
27,660,265.72
-11.08%
COMM AND INDUSTRIAL SALES
3,392,887.50
3,353,014.67
45,492,903.94
37,965,329.52
-16.55%
PRIVATE STREET LIGHTING
10,067.90
9,941.80
115,150.78
104,173.65
-9.53%
TOTAL PRIVATE CONSUMERS
5,668,639.35
5,800,503.56
76,715,747.10
65
729
768
89
-14
32%
_
,
,
.
.
MUNICIPAL SALES:
STREET LIGHTING
45,380.83
44,686.20
504,289.71
462,763.03
-8.23%
MUNICIPAL BUILDINGS
93,656.26
89,593.49
1,527,896.93
1,010,251.09
-33.88%
TOTAL MUNICIPAL CONSUMERS
139,037.09
134,279.69
2,032,186.64
1473
014.12
-27
52%
,
.
SALES FOR RESALE
29,798.24
27,199.13
414,440.37
344,824.79
-16.80%
SCHOOL
165,934.59
157,563.18
1,257,670.44
1,530,142.01
21.66%
SUBTOTAL
FveXEITED DISCOUNTS
6,003,409.27
62,157.01
PURCHASED POWER CAPACITY
ENERGY CONSERVATION - RESIDENTIAL
ENERGY CONSERVATION - COMMERCIAL
PASNY CREDIT
TOTAL REVENUE
487,569.37
6,119,545.56
80,420,044.55
69,077,749.81
-14.10%
76,001.53
723,194.76
728,011.95
0.67%
562,754.55
2,353,850.98
3,714,946.58
57.82%
8,869.07
9,765.29
68,868.13
104,586.20
51.8696
33,001.63
33,369.48
244,067.33
354,413.00
45.21%
(1,123,803.91)
(62,656.68)
(1,259,659.51)
(451,922.77)
-64.12%
5,471,202.44
6,738,779.73
_ 82,550,366.24
73,527,784.77
-10.935.
(11)
TOWN OF READING, MASSACHUSETTS
MUNICIPAL LIGHT DEPARTMENT
SCHEDULE OF OPERATING REVENUE BY TOWN
4/30/10
TOTAL
READING
LYNNFIELD
NO.READING
WILMINGTON
MONTH
RESIDENTIAL
2,437,547.09
821,590.69
304,678.50
563,100.11
748,177.79
INDUS/MUNI BLDG
3,442,608.16
463,694.40
43,294.63
578,709.59
2,356,909.54
PUB.ST.LIGHTS
44,686.20
15,669.72
5,446.48
7,351.92
16,218.08
PRV.ST.LIGHTS
9,941.80
1,884.31
189.11
3,100.80
4,767.58
CO-OP RESALE
27,199.13
27,199.13
0.00
0.00
0.00
SCHOOL
157,563.18
55,917.06
31,981.12
23,464.07
46,200.93
TOTAL
6,119,545.56
1,385,955.31
385,589.84
1,175,726.49
3,172,273.92
THIS YEAR TO DATE
RESIDENTIAL
27,660,265.72
8,727,589.99
3,866,218.44
6,400,146.06
8,666,311.23
INDUS/MUNI BLDG
38,975,580.62
5,216,625.65
491,813.89
6,262,193.02
27,004,948.05
PUB.ST.LIGHTS
462,763.03
160,393.04
57,185.10
76,747.76
168,437.13
PRV.ST.LIGHTS
104,173.64
20,016.61
1,995.62
32,195.99
49,965.43
CO-OP RESALE
344,824.79
344,824.79
0.00
0.00
0.00
SCHOOL
1,530,142.01
557,068.59
306,513.88
204,266.74
462,292.80
TOTAL
69,077,749.81
15,026,518.67
4,723,726.91
12,975,549.58
36,351,954.65
LAST YEAR TO DATE
RESIDENTIAL
31,107,692.38
9,884,840.16
4,362,994.72
7,244,497.18
9,615,360.32
INDUS/MUNI BLDG
47,020,800.87
6,339,631.57
664,506.02
8,212,315.01
31,804,348.27
PUB.ST.LIGHTS
504,289.71
177,807.53
62,313.99
82,648.05
181,520.14
PRV.ST.LIGHTS
115,150.78
21,950.49
2,218.55
36,542.60
54,439.14
CO-OP RESALE
414,440.37
414,440.37
0.00
0.00
0.00
SCHOOL
1,257,670.44
472,306.47
240,924.94
161,703.79
382,735.24
TOTAL
80,420,044.55
17,310,976.59
5,332,958.22
15,737,706.63
42,038,403.11
PERCENTAGE OF OPERATING
INCOME TO TOTAL
TOTAL
READING
LYNNFIELD
NO.READING
WILMINGTON
MONTH
RESIDENTIAL
39.83%
13.43%
4.98%
9.20%
12.23%
INDUS/MUNI BLDG
56.26%
7.58%
0.71%
9.46%
38.51%
PUB.ST.LIGHTS
0.74%
0.26%
0.09%
0.12%
0.27%
PRV.ST.LIGHTS
0.16%
0.03%
0.00%
0.05%
0.08%
CO-OP RESALE
0.44%
0.44%
0.00%
0.00%
0.00%
SCHOOL
2,57%
0.91%
0.52%
0.38%
0.75%
TOTAL
100.00%
22.65%
6.30%
19.21%
51.84%
THIS YEAR TO DATE
RESIDENTIAL
40.04%
12.63%
5.60%
9.27%
12.54%
INDUS/MUNI BLDG
56.42%
7.55%
0.71%
9.07%
39.09%
PUB.ST.LIGHTS
0.67%
0.23%
0.08%
0.11%
0.25%
PRV.ST.LIGHTS
0.15%
0.03%
0.00%
0.05%
0.07%
CO-OP RESALE
0.50%
0.50%
0.00%
0.00%
0.00%
SCHOOL
2.22%
0.81%
0.44%
0.30°.
0.67%
TOTAL
100.00%
21.75%
6.83%
18.80%
52.62%
LAST YEAR TO DATE
RESIDENTIAL
38.68%
12.29%
5.43%
9.01%
11.95%
INDUS/MUNI BLDG
58.47%
7.88%
0.84%
10.21%
39.54%
PUB.ST.LIGHTS
0.62%
0.22%
0.08%
0.10%
0.22%
PRV.ST.LIGHTS
0.15%
0.03%
0.00%
0.05%
0.07%
CO-OP RESALE
0.52%
0.52%
0.00%
0.00%
0.00%
SCHOOL
1.56%
0.59%
0.30%
0.20%
0.47%
TOTAL
100.00%
21.53%
6.65%
19.57%
52.25%
(11A)
TOWN OF READING, MASSACHUSETTS
MUNICIPAL LIGHT DEPARTMENT
BUDGETED REVENUE VARIANCE REPORT
4/30/10
SCHEDULE F
SALES OF ELECTRICITY:
RESIDENTIAL
COMM AND INDUSTRIAL SALES
PRIVATE STREET LIGHTING
MUNICIPAL BUILDINGS
PUBLIC STREET LIGHTING
SALES FOR RESALE
SCHOOL
TOTAL BASE SALES
TOTAL FUEL SALES
TOTAL OPERATING REVENUE
FORFEITED DISCOUNTS
PURCHASED POWER CAPACITY
ENERGY CONSERVATION - RESIDENTIAL
ENERGY CONSERVATION - COMMERCIAL
PASNY CREDIT
TOTAL OPERATING REVENUES
* ( ) = ACTUAL UNDER BUDGET
REFORECASTED AS OF 12/31/Q9
6 MONTHS ACTUAL/6 MONTHS BUDGET
ACTUAL
BUDGET
%
YEAR TO DATE
YEAR TO DATE
VARIANCE *
CHANGE
14,336,367.97
14,060,374.00
275,993.97
1.96%
17,072,982.04
17,210,551.00
(137,568.96)
-0.80%
312,000.54
357,770.00
(45,769.46)
-12.79%
169,915.10
184,236.00
(14,320.90)
-7.77%
751,964.85
717,299.00
34
665
85
4
,
.
.83%
32,643,230.50
32,530,230.00
113,000.50
0.35%
36,434,519.31
35,821,117.00
613
402
31
1
,
.
.71%
69,077,749.81
68,351,347.00
726,402.81
1.06%
728,011.95
707,593.00
20,418.95
2.89%
3,714,946.58
3,588,457.00
126,489.58
3.52%
104,586.20
118,885.00
(14,298.80)
-12.03%
354,413.00
347,063.00
7,350.00
2.12%
(451,922.77)
(210,225.00)
(241,697.77)
114.97%
73,527,784.77
72,903,120.00
624,664.77
0.86%
(118)
TOWN OF READING, MASSACHUSETTS
MUNICIPAL LIGHT DEPARTMENT
SCHEDULE
OF OPERATING EXPENSES
4/30/10
SCHEDULE E
MONTH
MONTH
LAST YEAR
CURRENT YEAR
YTD
OPERATION EXPENSES:
LAST YEAR
CURRENT YEAR
TO DATE
TO DATE
CHANGE
PURCHASED POWER BASE EXPENSE
2,265,071.28
2,191,177.03
21,562,477.29
23,028,630.72
6.80%
OPERATION SUPER AND ENGIN-TRANS
0.00
0.00
0.00
0.00
0.00%
OPERATION SUP AND ENGINEERING EXP
32,847.72
31,799.31
320,898.57
341,308.98
6.36%
STATION SUP LABOR AND MISC
6,871.68
8,401.13
67,840.18
66,730.24
-1.64%
LINE MISC LABOR AND EXPENSE
39,558.26
77,424.44
516,857.61
553,278.47
7.05%
STATION LABOR AND EXPENSE
44,122.13
36,070.72
394,038.25
385,539.71
-2.16%
STREET LIGHTING EXPENSE
5,995.77
7,135.87
57,759.44
45,244.98
-21.67%
METER EXPENSE
43,885.38
25,711.08
340,107.63
323,398.76
-4.91%
MISC DISTRIBUTION EXPENSE
30,552.26
24,660.00
282,186.52
268,050.52
-5.01%
METER READING LABOR & EXPENSE
4,635.60
5,092.88
60,226.84
59,415.93
-1.35%
ACCT & COLL LABOR & EXPENSE
122,523.11
101,267.29
1,232,490.21
1,118,468.77
-9.25%
UNCOLLECTIBLE ACCOUNTS
10,400.00
12,500.00
104,000.00
125,492.92
20.67%
ENERGY AUDIT EXPENSE
52,487.05
30,693.39
412,918.05
381,259.47
-7.67%
ADMIN & GEN SALARIES
70,706.32
53,724.26
640,377.89
637,649.94
-0.43%
OFFICE SUPPLIES & EXPENSE
26,863.18
26,192.35
236,075.18
224,803.84
-4.77%
OUTSIDE SERVICES
2,363.71
15,799.62
167,832.83
224,547.65
0.00%
PROPERTY INSURANCE
29,391.93
30,646.58
280,145.11
313,229.61
11.81%
INJURIES AND DAMAGES
5,951.15
4,432.42
53,529.96
47,843.69
-10.62%
EMPLOYEES PENSIONS & BENEFITS
86,667.79
98,968.45
1,013,229.64
1,040,544.11
2.70%
MISC GENERAL EXPENSE
9,586.22
8,445.30
138,482.77
129,807.54
-6.26%
RENT EXPENSE
15,032.88
14,591.56
165,597.75
162,520.87
-1.86%
ENERGY CONSERVATION
2,267.00
19,189.95
112,988.00
283,067.27
150.53%
TOTAL OPERATION EXPENSES
642,709.14
632 746.60
6,597,582.43
6,732,203.27
2.04%
MAINTENANCE EXPENSES:
MAINT OF TRANSMISSION PLANT
227.08
227.08
2,270.82
2,270.82
0.00%
MAINT OF STRUCT AND EQUIPMT
18,706.96
13,769.07
211,554.22
83,917.24
-60.33%
MAINT OF LINES - OH
120,282.59
85,228.19
961,338.72
978,398.36
1.77%
MAINT OF LINES - UG
9,889.51
20,590.88
113,481.81
151,483.76
33.49%
MAINT OF LINE TRANSFORMERS *
350.00
15,651.22
49,402.95
664,088.11
1244.23%
MAINT OF ST LT & SIG SYSTEM
(1.85)
37.82
24.75
(68.56)
-377.01%
MAINT OF GARAGE AND STOCXROOM
35,334.19
45,641.25
485,441.01
414,775.13
-14.56%
MAINT OF METERS
0.00
0.00
0.00
531.31
100.00%
MAINT OF GEN PLANT
6,055.75
7,363.38
73,543.47
77,901.25
5.93%
TOTAL MAINTENANCE EXPENSES
190,844.23
188,508.89
1,897,057.75
2,373,297.42
25.10%
DEPRECIATION EXPENSE
261,200.00
280,105.78
2,612,000.00
2,801,057.80
7.24%
PURCHASED POWER FUEL EXPENSE
1,825,571.10
2,618,558.77
44,228,928.43
33,697,024.27
-23.811.
VOLUNTARY PAYMENTS TO TOWNS
100,750.00
104,500.00
984,231.00
1,044,746.00
6.15%
TOTAL OPERATING EXPENSES
5,286,145.75
6,015,597.07
77,882,276.90
69,676,959.48
-10.54%
* includes GAW soil remediation expenses totalling $628,551.40
(12)
TOWN OF READING, MASSACHUSETTS
MUNICIPAL LIGHT DEPARTMENT
BUDGETED OPERATING EXPENSE VARIANCE REPORT
4/30/10
SCHEDULE G
ACTUAL
BUDGET
%
OPERATION EXPENSES:
YEAR TO DATE
YEAR TO DATE
VARIANCE
CHANGE
PURCHASED POWER BASE EXPENSE
23,028,630.72
22,594,083.00
434,547.72
1.92%
OPERATION SUPER AND ENGIN-TRANS
0.00
0.00
0.00
0.00%
OPERATION SUP AND ENGINEERING EXP
341,308.98
329,108.99
12,199.99
3.71%
STATION SUP LABOR AND MISC
66,730.24
50,099.88
16,630.36
33.19%
LINE MISC LABOR AND EXPENSE
553,278.47
523,259.99
30,018.48
5.74%
STATION LABOR AND EXPENSE
385,539.71
392,176.33
(6,636.62)
-1.69%
STREET LIGHTING EXPENSE
45,244.98
51,336.82
(6,091.84)
-11.87%
METER EXPENSE
323,398.76
341,208.49
(17,809.73)
-5.22%
MISC DISTRIBUTION EXPENSE
268,050.52
275,343.19
(7,292.67)
-2.65%
METER READING LABOR & EXPENSE
59,415.93
62,317.35
(2,901.42)
-4.66%
ACCT & COLL LABOR & EXPENSE
1,118,468.77
1,185,855.46
(67,386.69)
-5.68%
UNCOLLECTIBLE ACCOUNTS
125,492.92
125,492.92
0.00
0.00%
ENERGY AUDIT EXPENSE
381,259.47
614,959.37
(233,699.90)
-38.00%
ADMIN & GEN SALARIES
637,649.94
650,508.30
(12,858.36)
-1.98%
OFFICE SUPPLIES & EXPENSE
224,803.84
216,976.12
7,827.72
3.61%
OUTSIDE SERVICES
224,547.65
271,842.86
(47,295.21)
-17.40%
PROPERTY INSURANCE
313,229.61
338,017.43
(24,787.82)
-7.33%
INJURIES AND DAMAGES
47,843.69
49,220.30
(1,376.61)
-2.80%
EMPLOYEES PENSIONS & BENEFITS
1,040,544.11
935,892.37
104,651.74
11.18%
MISC GENERAL EXPENSE
129,807.54
151,776.55
(21,969.01)
-14.47%
RENT EXPENSE
162,520.87
154,306.94
8,213.93
5.32%
ENERGY CONSERVATION
283,067.27
179,971.78
103,095.49
57.28%
TOTAL OPERATION EXPENSES
6,732,203.27
6,899,671.44
(167,468.17)
-2.43%
MAINTENANCE EXPENSES:
MAINT OF TRANSMISSION PLANT
MAINT OF STRUCT AND EQUIPMENT
MAINT OF LINES - OH
MAINT OF LINES - UG
MAINT OF LINE TRANSFORMERS
MAINT OF ST LT & SIG SYSTEM
MAINT OF GARAGE AND STOCKROOM
MAINT OF METERS
MAINT OF GEN PLANT
TOTAL MAINTENANCE EXPENSES
DEPRECIATION EXPENSE
PURCHASED POWER FUEL EXPENSE
VOLUNTARY PAYMENTS TO TOWNS
TOTAL OPERATING EXPENSES
2,270.82
2,362.50
(91.68)
83,917.24
89,037.69
(5,120.45)
978,398.36
871,677.36
106,721.00
151,483.76
126,163.03
25,320.73
664,088.11
174,541.34
489,546.77
(68.56)
3,228.87
(3,297.43)
414,775.13
467,055.32
(52,280.19)
531.31
2,137.31
(1,606.00)
77,901.25
85,463.22
(7,561.97)
2,373,297.42
1,821,666.64
551,630.78
2,801,057.80
33,697,024.27
1,044,746.00
2,810,634.68
34,801,006.68
1,044,746.00
-3.88%
-5.75%
12.24%
20.07%
280.48%
-102.12%
-11.19%
-75.14%
-8.85%
30.28%
(9,576.88)
-0.34%
(1,103,982.41)
-3.17%
0.00
0.00%
69,676,959.48 69,971,808.44 (294,848.96) -0.42%
( ) = ACTUAL UNDER BUDGET
REFORECASTED AS OF 12/31/09
6 MONTHS ACTUAL/6 MONTHS BUDGET
* Includes GAW soil remediation expenses totalling $628,551.40
(12A)
TOWN OF READING, MASSACHUSETTS
MUNICIPAL LIGHT DEPARTMENT
BUDGETED OPERATING EXPENSE VARIANCE REPORT
4/30/10
RESPONSIBLE
REMAINING
SENIOR
2010
ACTUAL
BUDGET
REMAINING
OPERATION EXPENSES:
MANAGER
ANNUAL BUDGET
YEAR TO DATE
BALANCE
BUDGET %
PURCHASED POWER BASE EXPENSE
JP
26,794,251.00
23,028,630.72
3,765,620.28
14.05%
OPERATION SUPER AND ENGIN-TRANS
KS
0.00
0.00
0.00
0.00%
OPERATION SUP AND ENGINEERING EXP
KS
398,196.00
341,308.98
56,887.02
14.29%
STATION SUP LABOR AND MISC
KS
71,651.00
66,730.24
4,920.76
6.87%
LINE MISC LABOR AND EXPENSE
KS
576,553.00
553,278.47
23,274.53
4.04%
STATION LABOR AND EXPENSE
KS
423,826.00
385,539.71
38,286.29
9.03%
STREET LIGHTING EXPENSE
KS
79,519.00
45,244.98
34,274.02
43.10%
METER EXPENSE
DA
424,973.00
323,398.76
101,574.24
23.90%
NISC DISTRIBUTION EXPENSE
JD
345,498.00
268,050.52
77,447.48
22.42%
METER READING LABOR & EXPENSE
DA
66,772.00
59,415.93
7,356.07
11.02%
ACCT & COLL LABOR & EXPENSE
RF
1,462,217.00
1,118,468.77
343,748.23
23.51%
UNCOLLECTIBLE ACCOUNTS
RF
150,000.00
125,492.92
24,507.08
16.34%
ENERGY AUDIT EXPENSE
JP
1,105,759.00
381,259.47
724,499.53
65.52%
ADMIN & GEN SALARIES
VC
776,201.00
637,649.94
138,551.06
17.85%
OFFICE SUPPLIES & EXPENSE
VC
264,600.00
224,803.84
39,796.16
15.04%
OUTSIDE SERVICES
VC
398,500.00
224,547.65
173,952.35
43.65%
PROPERTY INSURANCE
JD
443,150.00
313,229.61
129,920.39
29.32%
INJURIES AND DAMAGES
JD
60,039.00
47,843.69
12,195.31
20.31%
EMPLOYEES PENSIONS & BENEFITS
JD
1,093,185.00
1,040,544.11
52,640.89
4.8251.
MISC GENERAL EXPENSE
VC
223,038.00
129,807.54
93,230.46
41.80%
RENT EXPENSE
JD
212,000.00
162,520.87
49,479.13
23.34%
ENERGY CONSERVATION
JP
0.00
283,067.27
(283,067.27)
100.00%
TOTAL OPERATION EXPENSES
8,575,677.00
6,732,203:27
1,843,473.73
21.50%
MAINTENANCE EXPENSES:
MAINT OF TRANSMISSION PLANT
KS
3,000.00
2,270.82
729.18
24.31%
MAINT OF STRUCT AND EQUIPMT
KS
158,859.00
83,917.24
74,941.76
47.18%
MAINT OF LINES - OR
KS
11060,849.00
978,398.36
82,450.64
7.77%
MAINT OF LINES - UG
KS
144,228.00
151,483.76
(7,255.76)
-5.03%
MAINT OF LINE TRANSFORMERS *
KS
93,500.00
664,088.11
(570,588.11)
-610.25%
MAINT OF ST IT & SIG SYSTEM
JD
9,888.00
(68.56)
9,956.56
100.69%
MAINT OF GARAGE AND STOCKROOM
JD
625,632.00
414,775.13
210,856.87
33.70%
MAINT OF METERS
DA
4,863.00
531.31
4,331.69
89.07%
MINT OF GEN PLANT
RF
116,100.00
77,901.25
38,198.75
32.90%
TOTAL MAINTENANCE EXPENSES
2,216,919.00
2,373,297.42
(156,378.42)
-7.05%
DEPRECIATION EXPENSE
RF
3,390,000.00
2,801,057.80
588,942.20
17.37%
PURCHASED POWER FUEL EXPENSE
JP
40,893,477.00
33,697,024.27
7,196,452.73
17.60%
VOLUNTARY PAYMENTS TO TOWNS
RF
1,254,000.00
1,044,746.00
209,254.00
16.69%
TOTAL OPERATING EXPENSES
83,124,324.00 69,676,959.48 13,447,364.52
16.18%
* Includes GAW soil remediation expenses totalling $628,551.40
(128)
MUNICIPAL LIGHT DEPARTMENT
PROFESSIONAL SERVICES
4/30/10
PROFESSIONAL SERVICES BY PROJECT
ITEM
DEPARTMENT
ACTUAL
BUDGET
VARIANCE
1 RMLD AND PENSION TRUST AUDIT FEES
ACCOUNTING
29,750.00
29,750.00
0
00
2 PENSION ACTUARIAL EVALUATION
ACCOUNTING
0.00
0.00
.
0
00
3 IT CONSULTING
ACCOUNTING
0.00
10,000.00
.
(10,000.00)
4 LEGAL- FERC/ISO ISSUES
ENERGY SERVICE
0.00
16,668.00
(16
668.00)
5 LEGAL- POWER SUPPLY ISSUES
ENERGY SERVICE
38,480.83
45,441.25
,
(6
960.42)
6 PROFESSIONAL SERVICES
ENERGY SERVICE
0.00
16,668.00
,
(16,668.00)
7 NERC COMPLIANCE
E & 0
14,335.00
6,275.75
8,059.25
8 ENGINEERING STUDIES
ENGINEERING
876.57
8,376.57
(7,500.00)
9 LEGAL SERVICES- GENERAL
GM
81,930.46
72,318.81
9
611
65
10 LEGAL SERVICES- ARBITRATION
HR
17,399.68
29,830.16
,
.
(12
430.48)
11 LEGAL GENERAL
HR
7,181.44
18,701.38
,
(11
519.94)
12 LEGAL SERVICES- UNION CONTRACT
HR
17,576.86
5,304.94
,
12
271.92
13 LEGAL GENERAL
BLDG. MAINT.
4,516.81
500.00
,
4,016.81
14 SURVEY RIGHT OF WAY
BLDG. MAINT.
0.00
1,668.00
(1
668.00)
15 ENVIRONMENTAL
BLDG. MAINT.
0.00
1,668.00
,
(1
668.00)
16 ENGINEERING SERVICES
BLDG. MAINT.
0.00
2,840.00
,
(2,840.00)
17 LEGAL
GEN. BENEFIT
0.00
3,332.00
(3,332.00)
18 INSURANCE CONSULTING
GEN. BENEFIT
12,500.00
2,500.00
10,000.00
TOTAL
224,547.65
271,842.86
(47,295.21)
PROFESSIONAL SERVICES BY VENDOR
ACTUAL
CHOATE HALL AND STEWART
41,057.98
PLM ELECTRIC
876.57
UTILITY SERVICE
5,537.50
DUNCAN AND ALLEN
26,737.71
MELANSON HEATH AND COMPANY
42,794.82
KATHLEEN GOOD- ARBITRATOR
300.00
HEALTH RESOURCES
200.00
GARRY WOOTERS- ARBITRATOR
600.00
ROMARKE INSURANCE BRODERAGE _
12,500.00
MASSACHUSETTS MUNICIPAL WHOLESALE
666.85
MARK DEAN PLLC- TMLP PROJECT
1,986.43
GJE 4-4 WIRE FROM INTEGRY ENERGY
(4,958.00)
RUBIN AND RUDMAN
96,247.79
TOTAL
224,547.65
(13)
0 No oho o\°
W W 1- O '4 r O N r 'i
0 n in In o .-1 to 01 .-I 1e
11 01 M rl 14 N 4 M O
ei i I I
U I
HNMaM
h
co
N
p
r- 10 r, r- v
oo
OD
v
W
In O O N H
to
N
01
o0
"VL
H a m m to
v
er
ri
~n
RC
M t~ N N Oo
M
O
O1
w ei
M
d~
ei
N
sf~ H W O r1
M
M
t0
N
O
to O fV eN 00
li
O
O
O
1 01 OD. ep DD
t`
o
O
W
o
E
N
W
W M OD M N
OD
H
M
L'1
m r- In vi t•
ei
m
O
~q
H .
e-I OD 10 1 M
I
N
00
W
a o
t
O M
C!
M1 N n
rl
N
m
'i
W
sl
N
M
a
W
L
4 H
W
V
q h
to Do V d OD
O
14
d
in
M U1 Ln ei M
O
M
N
in
i H r~i
N OD t~ L'~
M
tO
O
O1
a
+
QyH
OD N in w 01
M
00
0+
co
OD W M N
l~
O
ID
In
~i
M N
sp
M
M
H
C7 O
1'i
N
M
t~
a
W W
P4
a
0
w
W
z
0
H
H
W
a
W
~
w
D
o
a
o z
I
I
0
W a H
a
a
W
W
W
W
U H
O
O
z
94 CQ
w
W
O
W E C/1
E
C/~
[A
m
W
W
2 C
~7
1H7 z
E
~
W
W
aa
aa
A
z
W w
y
a
a
H
W
E
a
a~
W
z o
4 H
O
N
7 G
E M
a
W
?z~
,o z
H ^
a a
OOH O
4
Q
zw
WWW
7
O
.i N
N N
r ~
o° dY o e\° d? \ dA
u W m ul m W a H v" M
zzu M M M o o d o n
~ ~ ~ orulW!n mo H
~y N M N h N O
U I I I M H H
I/f O Ol d b b 0 W
N O d W m n 0 a
~y ..77 r O a M v N d O
Ll ~ H H m to m
1n b
N N
W
N w O 01 b I!1 O
H N m N d M
a M h N O n M
ap Q N b N d
H ti"I ~ " H
a
m O Ol O O m 0
m O m N d
a n N bvln
M 01
H
d b O m N m o
a N N M N
d h O N
~ N H
a O M h d 0 0
M a W o
W m m
M
N
N O O O H m o
Of N 11'1 N H
01 v b
n ~
M O b 0 m W O
M a N M
u Ol V N
Q O
N
O O W O N 0 0
W m O
z d
H
Itl O H o H O O
m m M n o
uE m m " d
O N
N O H a b m O
h H ul W n
W H M v a
N ~ H
b 0 0 0 d H o
H H M
N O v O
~ N
d O O O H O O
M b
N
W u
W a goy a W7~,
W O~ d W W kl
W v H
0 0 HHu W H fi1 N
a~pa
H N O M b O m
0 0 0 0 0 0 0
H H O H H O N H
I I I I I I I
ill O o. H O O M O
m N N N M M N M i
Ol Ol O\ m Of Ol Ol
W I!1 m N m m m N
k' m u1 ill V1 Ill L n' W
m m m m m w in
O 1 1 1 1 1
W H H H H H H H
W 0 0 0 cc 0 0
Ol N W H o b a r
N n O N O H m M
b M Ill N O W m N
1 b O1 O I m
1 N 1
I
M W H O Old n N"',
H H Ill M 01 H h O'.
m M N W H Ol M d''.
N a m M m m
m M
N m
O H H O1 N m h
h a W H O M h
N O W M N W W
O M N h v
M M
dao W~cHo
H W W H O1 H
do b~+H
h H N
N
H M O M W N O
h H M N M
b O\ H
a a N
M
0 O O O d 0 o
n d o m N m
d Ind NM
N ~
W d o 0 m m o
O m m 111 d N
m m H H N
N N
N Ol O h d r 0
IHno vNN
d a
M N b b b m 0
M M H W m
m H H M v
~ Ln
N
N M M M P H O
~ w C11 04
ow m ° !2 H
N H
M O O N O N O
Ol M O N N Ol
N b W m v
b H
M
W H O r N Ill h
H a H N N m
M N
b N O m O O O
m O N m
M Ill N d
N M
N
H u
o a a
~a7 H W
4 O
O m
O W H W A
W H H W
oo
b HlV Mtnboo .1
0 0 0 0 0 0 0 4
H H H H H O O H
H o 0000.1 M E
CL m W W m m N N (iq.
m m n m m m m W
W m m m m m m m UI
'LW 1 1 1 1 1 1 1
m m m m m m m
H b lp b {O b tp lp
'fpJJ7 N H H H H H N
0 0 0 0 0 0 0
o M o M M n n b n N H b b H m b r o 0 o H o b
01 M O N O O1 M M p r b b M O m O1 V1 m O O Qf O b
M m d b Vl n N O N N b M M N h d H H p p In O 01
i N ilf a H H N N M M r O H 0 0 0 O
1 I i I i H H H H H H
1 1 1 1 1 1
M N m a m O m H M m d r M m H 111 W m M m N m i.
b N N H b r 0 m M H m N H N d N b b r b N b m'.
MO M Ot N M ec Oo 1 a rhHHH Nb H OH W H
N n b W V1 r In N M H In In N Ol H N M N mn
O m N H H H M N N m O O H
a M N N H I!
H N n 0 b a r W H Vl m b O M H h h 0 0 0 Ol O
r M h h M m b W M O m d M b N N Ill N d
N n h h O h h b M M N d 0 0 Ol In v
N W T. a b W N r a N M Ol M d b
N W M H H M b b b vI d
a M N N N
n M o N W m o m b a In d m H o 0 0 0 0 o m o
N W m b m Ill d d n N N Ot O H N M
N lnm W oolnaNbmoMr V
Wm WNIn HdONNmO
V H H N H M N
h b N O H h b H N M O1 b H N O O N 0 0 0 M O
N m a O h I(1 Ifl H N M O H a Ol M N d
N N i!1 W m 1C N O d a QG h O1 W
O O m N H H N N O H b
a H b M N N
n b m a H m O m b M o m h w o o d 000H o
N N in m Ol N N d h m H m m O a
N m b M N h In N N Ol W N N v
N n H H b M W M b
a M M M M
h Ot H O h n N d a m O m N d M 0 O1 O O O N O
N N d O m N b O1 Oi n m N h M d W v
N h 01 N a r N m m b O m H b d
01 M H H N M N a d In m
N H d N M H
r M Ol M b N 0 1+1 b m I!1 M M N a b Ol O O O h 0
NIn ah0Hln In mnbm M
N 0 O b M m in h b m O M d m 0 N N
b h N H d n H m M H r
Ill h M M H
h W m O a 01 W H Ol H b N m m N M M 0 0 0 Ol O
N N W r O m 0 In r O W O N m m 0 H
N Ol b b m b m H N O m a N b N 1l1
M N H H M d N M u1 N N
d °'I M N N N
n ab-om a'm m b m bb IllN Ob OOO MO
N m H b b b m m H M m O m b m O H
N N in N m b N 0 m h N b m h H a
O W M H N H r m N b N N N
a N N N
h" N M N m a m V N O N N N H O M O O O Gl o
N h a d 1/l O a M 01 In h N M d h H N
N M In M N m M O1 b O H O m Ill H 1(1
m W M H H H m ei h d N
b N N H H
N
n H
N N O h m m N m M h m h r 01 01 W 0 0 0 N O
N N O O N h 01 W W H M O d Ol d v
N O N Ol O H M h r b b r M M H H
N M H v W H N m N V
m N N H N
h W H O O H d a W O W a m N O O H 0 0 0 h 0
N m N M b a b m M Ol N N 0 lp v
N b M b N a N N b O m m b v
b d H N v r d b H
a ry
kA7
~~a
W ~ a W~~ o a aMH z E
W w N N W
W W 7. K a H W
u Wx H' O WWW W E~ y O7 P UI M W W W F pp a,
ril
[O~~ z W C F Ltl O m W0 0 W W O a ltl a O a Vi
Z O W W O O H H O O H W O W H a 0 0 H H
&Q o
Ol H O1 M Qf H N b O N N b O Ol N N b m N N b O
O O O O O O O O O O O O H O O O O O o 0
H 10
H H H H H H H O H H N N H H H H H H H O F
I i l l l l l l l l l l l l l l i l l l l i O
m H N H m m 1!1 m M M M M' M a d d er b b b b H H
b m W m m m m m m Ol Of 01 Ol Ol m m O~ m m Of Ol N 1
b m m 1(1 M m Ill m 1(1 m m m Ill m m m m N m m m m m
b 1f1 Ill Ill M m .In m I!1 ill m m m m N m Ill N m m m m m
I I I I I I I I I I I I I I I I I I I I i i W
b b b b b b b b b b b b m b b iO b b b b b b
b b b b b b l0 b b b b b h b b b b b b b b b
i l i l l l l l l l l l l l l l l I I 1 1 1
H N H H N H H H H H H H H H H H H H H N H H H
a 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
m
a
E
a
0
U
o
H
O
H M
,aF~ w Wa
oz
W m 01
yaH,
Wry O
O H
b Q
z Eu
H
O
d N
N N
, : '0
W m O N b
N
N r M O N m
b
M d N1 W H m H O
b
m r H m m O m m O O h
OI
b
uy n 0 m H
b
N b H O n H
N
H d h m d N O d
N
d O h M m d d b O O N
O
h
m O O W
d
d M m If1 r n
It1
M b N d n N M n
N
N m b m r O m O O 1.1
H
W
yG 1 O 111 M
E Ip
U H I
1
N I ei T ID O1
I N 1
1
1 M Ot i n N r
I M
i(1 d r rl n m 1n O O Gl
I 1 I I M N I H H I
W
H
ei
4
ay
O m N b
b
m m N 0 W
n
H W O d n N m b
O
N d n n d b H m O m N
d
d
M b lnb
H I.~ obbm
H
M
d mb o H ff b
InndodH
n
M
Hm hNO dbm
NmvNdm~-+N
r
W
d nM Mln and mn bel
.iNdrlnNln~ln.-IM
m
d
b
Io
ai N m
N
N
b
h m m N N
N
H
d
d m N O r H
d
H
m m b d m d H
b
b
b
m
EO
W
I~1
+t
I
N H
d
N
~
-1
M
H 0 o m
to
n m d o N m
d
N m p n b H M N
m
b m O m O N m H O O m
H
N
a O N m
in M m
H
d
h M N O d
m m H H 0
O
tl
an d h m N O H N
m h m b N N d W
v
b
m
m b M m o N m M N
d W d M O W 0 N
v
h
m
m
N
Q
„ Gl a m O
Ey k
E d H
+
Ot
N
Ot M d d
H v
M
N
M N d d N N H
b W O
H
ifl
N d m H M
d
b
n
W
d
m
N
i
l
U H
M
M
N H
d
b
n
m
a
M
O O O M
M
N m O O to o
H
m b n b N O N b
N
m m to o o b H o o o o
o
to
m O
a. m r!
m
O
O m N
m m
H
h
m H m H M d M v
M O m O
h
d
r m n M M m
n H m It
N
d
N
N
M H
N
d
m
m d H
d
N m
m
H
N
N
N H
d
H H
N
N
M
b O O m
m
O M h O d o
m
m b N r H 0 m O
b
N d o o b o b o o o m
n
W
n h
d O
m
m
m r N O
H m N H
W
M
m'H r 0 m N H
r b b m n
v
h
O
n 0 W H h N
N H d 'N
h
d
d
b
M H
d
m H
d
h
Nn
b
H m d
m
m
m
M
M
d
N
b
N
d
o p O m
m
d o m o h m
m
o d 1(1 b N b d H
b
o H H O M H 111 o o o o
o
to
N n
W m m
m
d
N N d d
b m 0 V
d
W
m N M O b H N
N m n N b H H
v
v
b
O
H b O d N H
m N m H H b
v
H
M
m
111
H M
d
H h H
N
m
N
m
d h H
N
H
d
O H
H
H
d
H
M
d
M
coo"
d
f+l N b 0 N O
m
W N o m M o d ;
m
O d b O h M N o o 0 o
b
w
N O
o O
R -d ri
N
O
m
N W 111 0 1o
N tl H m
m o
m
N
M
m H m h h m d m
M r N b m "
v v m r
m
N
to
m M m d m' h
m M H ` H
r V
o
b
N
d
1!
m
m
m
H N
tl
In
b
to
d
d
n
Hoom
N m
m
d
mmbo
N o w
n m
b
N
IcMOmmmNm
n h H m H d N b
m
b
od.-loMmroooo
N H H b H
d
h
N
M
U N O
M
N N v
H
M m m M m d m
N
o N M" b
v
b
d
Q m H
b
H b
d
h
d
N 111 W
H d
W
tD
m
d
H W
m
m
m
N
In
M O O H
in
N b p O m 0
o
b M m b N o m d
N
O H H O M d d 0 0 0 0
N
H
m N H
y M M n
Cl
d
N M M
b to an
N
d
r m h o m W d
M O N N d H
v
V
n
h
m H H d b
-m m H H h
v
N
m
m
m
d
N
N
N
b
m N
H
m
n
h
ifs
m
M
N H
d
H
N
M
M o o m
b
m d m o m o
m
b w o H b O b H
m
O m H O h H m 0 0 0 0
b
m
m m
E m H
d H
H
h
in
m O m n
ICI H d
m
b
N
O
b r m H d M N
m M tD m h H v
N H N m
b
O
d
m m m N o
H N M r' ID
b
o
tl
h
C
Ir
m
N
M
N
M
H
H
w
N
to o o d
m
p m d p r p
b
b b N b m O H b
O
O N O m O b 0 0 0 0 0
N
m
d H
Pt m O
N
m
O co b
h N d N
d
O
h b n m m b m
M to tCf 1f It H v
N
of
m o H m m
b tl M N
b
m
N
d
N d H
in
m
M
c
d
b In
N
H
d
m
O b
H H
h
N
N
to
m
N O O N
N
OH N O m O
m
b o I+1 m d o W d
m
d O W O m d O o O O O
d
N
b n
m H
N H
M
O
n
O N O M
N m N .m..
m
m
h
m
h H n b m
M v n b d
m N
b
m
N
b m d b m d
H d H h
h M
O
m
H
N
r
H
a
N
N
N H
d
H
m
N
N O O d
b
o d 0 O N o
r
b O m M h 0 m m
m
H OI m o b m r H o o o
h
tl
M o
b N
m H
M
m
m
HoH H
N b b v
o
H
N
O
r oMb `+b
M .N.. O H .H..
H H
m
H
N
mod obmM
an d H v 0 m
v n
m
H
M
r
C
N
N
N H
M
r
m
7
V)
H
14
H
W y H
ul
o w
o
o a ~
a
r
U
E
O
F
a
E E
tW~W~
O
b
0
H
O U
0W m
~
W
W cWy
W WU'
E.
d:
W
a
a a
CI
W
a 0 A U U
p
W
7. a z lw O p
0
v
a O W W O E 7. O
.1
o
U
U
H
0
O
14
0
2
W
H
H
O
H Pi 9 0-l
H
F
O
a H
H O O W
a a O .
1
N ~I a a
H
W M H
0 H
O
O
7, 00
m
C
y~
,m
tW
C
A
~
a¢q ,ro
7 yW
W
C y
~p
yp
Wp
H
F
g
,w
C rm
q
C
r
W
.7 .7 v
l >
7ay
£ 17 k] y O
v
i1 W G1
l 17 t
v
i .7 .7 W to £ .7 «1 O
C'!
H N m b
0 0 0 0
H
U
m H N M b O
0 0 0 0 0 0
II..~~
'
m H. m H N M N b
O
a
m H N M N b O m H N O
aa
"j,
H H H H E
H
H H H H H O
q
E
O O 0 0 0 0 0
H H H H H H H H
Q
F
0 0 0 0 0 0 0 0 0 0 0
H H H H H H O H H H O
4
F
I I I 1
N N N pO
N f~
b1 bI bI bI i
1 b
H
po
E
m
b
I I I I I I i l
H H N N N N N N
O
E
I i I 1 I i i 1 I I I
0 0 0 0 0 0 Vl n n n H
oo ~a]
ft a
0 0 0 0 i
m m' m m
m m N N
U
W
E
m mm m m m N
m m m N m
In N N m m m
1
7
m m m m m m m m
N ICI N m m N m
m
N u
N N N
N
1
m m m m m m m m m m N
m n m m 1n N m m N m m
1 E
O
1 1 1
1
i i l l l i
.
O
l
N
m
I l i 1 1 1 1 1
UI
m m m m m m m m m N N
i I i- I i I I I 1 1 1
H
VI
a
W
0 0 0 0
m m m m
a
W
n h n h n h
b b b b b b
H
H
m
m m
b b to b b b b b
m m m m m m m m m m W
b b b b b b b b b b b
H
W
I I I I
H H H H
E
W
I I I 1 1 1
H H H H H H
a
H
I i l 1 1 1 1 1
H H H H H H H H
I I I I I I i l l l l
H H H H H H H H H H H
F+
0 0 0 0
Fi
o 0 0 0 0 o
vl
0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0
t9
N.;
lit..
a
O
14
a H
O
U N
~~H .
F O
a
~a
H
CW7
[h
H
zz
O W
W 0
> H
A W
a
ti
rn a
~Z w
W
O
,o
a o
N N
to
a ~ a a ~ i
W N O O O d b
U d O O d N rl a
iRG M O O m m It1 U
H M a i o o ei N I
U FOCI ~-1 r/ I I
1 I
m 0 0 H b 0 tf.
d O O b 0) m
H ~ O N O M N h
CW,7 Q H
ID ,-I o In m
Dq F~ m o M
O li
H H H N
n o o b b o
N n m in
dl M O n
A m m b m
H O H H N N
H
a
M O O N d 0
N H H
an' In h H
W N W in
H H N
OD 00 M M O
W N ro
m b m
m m O
H H N
d00mino
m to O
C~ b O h
tw+ M F M
H ry
d 00
h n o
Ch d d
b H m
h m N o
H H N
Inco dmo
N h N
U m M M
Q H m M
N H N
d 00 m co 0
N h F
d m u1
z Ln m
H N
m 00 H M 0
O M m to
H in It 1 F
d n d M
H N N
u1 O O in m O
m m M O
C4 M in ao 0
WW m m d
H N N
O O O b H 0
b W O
UI H b F
V) M o
H fn q
F O O H .-1 0
O h m
a H m H
M m M I
H
W W
H H
o as
H P w
t7 H a to N co
L) TA
a a A IH-'I U H
,pOC~ ~poCq w a H fn
W W O 0
O
m H N M N O o
i 0 0 0 0 0 0 I
H H H H o o E
X O O O O N N E
m m m m m m E
Ill V1 V1 m lA N
t l i l C
mPi i 'mmmm
O 11Y In !n u1
U I 1 1 1 I
U H H H H H H
0 0 0 0 0 0
hooodool~v n
07 O O QD O O O m n
p p M b b O o N H
I O M N F M 1
H I M I
I H
d m O O n W m m b
b b o N d H b d M
w ri ri o ,r r•i In H
~ dN H N
O O O N b O M d
H
m 0 m b b
m b m 1+1 M
F d w m H
CZ m It 1 It It m
r FN -iIn
N H
d M
m O m o 0 0 0 M
n m m N O F
V1 d N v 111
m N
M H
M o c m N O O F
M m M O N
O N m N
OD N
d H
Foo o.nooo
H 6 m 0 O
b N N v In
m H N
M H
1n co m H O O H
N O H O to
b M M N
N H v N
d H
M o o n m O M m
O b N m to
M H N m N
co v N
to H
M o o In N 0 0 0
H o aD O
M N v m
N N
d H
M o 0 o i o o n
in co n m O W
b N b in H
F h N N
M H
m o o F b O O b
d oaDdoo
N b N H m H
In H vvN
d H
H O O H d O O M
o m H d O H
M M M H N
N H v N
d H
M O O b H o o 0
Q in b o
r! H v V
N N
M H
a1
O
OU I,
o w
H a
Have avvl
e ~oqy W0 WNH 0H
C4 w to
U I-i a W tOi! 7 t5 W O
H H N M N b m O O
P 0 0 0 0 0 0 0 0 1
H H H H H H O O 1
W
N M M M M M M d H t
O O O O O O O N I
za m m m m m m m m E
V1 m m N N N N m
1 1 1 1 1 1 1 1 t
O N N N N N N N N
F b b b b b b b b
'J H H H H H H H H
U 0 0 0 0 0 0 0 0
0
u
u
h
N
V
n
N
I
tD
d
d
co
1
to
00
N
W
n
m
M
d
h
y
a
h
W
n
a
a
V
V
l
1
0 0 R 0 0 0 0
to m m H o N d
N O b M W N O
N N h N co O m
N b H I N 1
1 I 1
1 F O m ep M O
~ M O fD F to m
~ O d b m d N
.-I h of m m
1 rl H OD
i d OD h d f-1 OD
d OD co h o N
1 b d d d m d
I N N F h d
1 b H n
I M
d CD 0 0 M 0
O N h to
N d O M
N H h
M
hooFotn
m O O b
m H d d
O M DD
d
H o m o co o
M m N
b n N
N F
M
H 00 M h M
M N d H
b M N d
N H OD N
M
in O to N N N m d
in d M
h N d m dl
1-i ri M b
N
M 0 0 00 H 0
m M m O
co m O
b m
en
OD O O d H H
ro H O N
M O m M
N N O
M H
m 00 H N d
O N m O
m M o H
m N n
M
F O OD m O N
co ON m m m
H M h OD b
a H n
M
N O O H m 0
h N OD
O tll N
Ch H V1
N
to
W
H
W H w wa
a O U W a W
D H W
o o Q a z U
W µ W
~l ~l W CVW7H O
H N M m o 0
0 0 0 0 0 0 I
H H H H O O I
1 1 1
M M M M m H
O O O O M N
m m m m m m
to 1 V1 N m m m
to I 1 1 1
H H H H H H
to b b b b b
m 1 1 1 1 1 1
H H H H H H H
.x 0 0 0 0 0 0
a
u
U
c
a
V
0
C
tC
m
O
N
a
O
N
Ln
m
N
to
fn
mll
d
N
N
N
en
M
O
n
n
D
n
T
d
4
f
i
r
U
V
n
d
v
N
In
tD
a
d
H
d
d
H
d
e
H
H
m
b
d
d
O
n
d
OD
M
d
LL)
W
a
b
h
I
9
V
oho oho d oho o oM ego oho
0
d"
" 0 0 0 H N O N
M O H p o 0 0 d
W
H
F
H
0 0 0 0 0 0 0 0
O
H
1 m
1 In b N N b N -M m
i M d d M d b b d)
i b h W N d d m m
i O d M N d H m
H d H N N
i m O co
N 1 H
I m b m m w m M m
I m d m N d b b m
I o h o N d d m
H d M N d H
N
O d H
N N
OZ 1 m
N H H
b o N M O O m 0
O O N N M
H N N N h
O VI H N N
N O O
N H H
b o d M O O N O
O O u N N
H N N N It
O V1 14 N M
OD O W
N H H
W O H M O O M Q
O o N N M
H N N N h
O d H N N
W O co
N H H
b O m M 0 O m O
O O N N M
H N N N n
O d H N N
co O OD
N H H
b b O M O O F O
o d m N o
H N N N H
O d v N d
OD O CO
N H H
b O M M O O M O
O O M N b
H to m N M
O d m N M
OD o m
N H H
b O H M O m W m
O O m N m m OD
H N N N o n
O d H N H N
co O DD
N H H
b O H M d N N 0
O O m N N N N
H N N N N H d
O d H N N M
co o m
N H H
b O F O O N N 0
O O h N N N
H m N N H d
o d H N M
co o co
N H H
b a d N N N d O
O O O N N N h
H V M N N H H
O d H N N
co O co
N H H
ypC, W W a' W
.0 11 H
~ O.a SS U?C ''rl 'd"
H' W OW E+aa
O Hly CA M
E W ~ [4 a~.7 fY H 'JN ,"m~
] a40 W aO f~-0w
WO q to H O H R
O O O O O O H m
N 0 0 0 0 0 0 0 0
O O O O O O H
1 1 1 1 1
0
1
M a) m b h CD 0 0
O O H N
V l d d d d d m m
m m ul NN N NM NN MVI
a I I I 1 1 1 1 1
ril r r n r r n IFn N
H H H H H H H H H
0 0 0 0 0 0 0 0
f
C
v
t
u
C
a
r
u
c
lu
r
V
r
G
n
u
N
C
Er
M
V.
N
H
O
m
d
O
N
P
N
co
m
M
P
N
b
H
h
m
tn
O
N
H
I
rJ
W
J
i I
I
7 '
1 I
i t
i
1
I
I
I 1
I t
t
C
f
u
C
u
C
C
C
a
C
V
a
C
n
r
r
V
O
d
r
N
H
V)
N
r
H
M
a
n
b
H
0
H
0
Cl)
07
a
E
a
a
W O
W N
a o
a
a p~p11
W a
m H
O
H
H H
A W
a
H a
H O
H w
a
w
O
a N
N
N N
r In
o. oeoho o o ego oo 0
pra u amvMmm~m INn a
~la~ 0 w.tlin NH wm m
-I
u a ri
ay
b
d O n h N h 0 N n 0
d d n N M N N m n
F a In M ri M' W O N W ri M
J Q HH N N vm m ri "
d M m ri O O d d O, N
momtloMVtl. In N
I±..~G N w N N N W In " m
H H d d b
U? F M o r
a r
N N O O O n N w O N
N W d M b m
a m N b d m In
M O tl W d
M m rl
w c o o o n m m o w
m M w d w to m
m N b h N m
b H O M O m
m rMi If
N.iowodonor
nmo.-1 W dm d
N N N b M M W
w O tl 0 ri
F.
M ~ M
m o o o o m M o O h
w W In m M m w
m In n m m n d
h n W O N h b
M o N
d
M o 0 o o m N h o d
d m h d m
tl Mlntl N
p m ri w0 tl
M IO-i ri
W O O O O M H N O N
b o m o m m w
y W m M O r I m
z h N N U tl M
M m ri
d 0 0 0 O m In b o n
E
N
m
m m n
M It N
w
m
V
O
I+1 h
M in
n
M
N
w o
O m o In n W O H
a
M
d
N In w w
O OZ O
o
o
W
N
m
a r o
d
M N
rl
N O
m 0 0 0 0 h O W
O
N
d
N b W
o o r
b
m
a
m
rl i+f r
In
M Ifl
rl
M O ri O O O d tl O w
H O N w o d
N In o o In d
In ra M M M
M w H
000040 0
r M O N h o
m OmOIn 1.7 0
m w" m m w o
m M m w h
1 i M N
1 1
O b N W N d I O
M O N h d~
O W N O m O
ri d In r{ N N
b d d v
O O m 1(1 N m
o riMhwM
v 1 O M O
r n r n
tl r+ m
O N N O m W
v m mm m
d M b h
UI N N In
N
o w h o h h
O m w m M
mr .i 1l
w v
o h m o a m
N N W m m
v ri In ri tl
w b m
N ri
o h m o W d
mw w o
o w n vl
M m N
N N
O O M O O N
n tl m r
b M o 0
tl b .-I
ra rt
o M W o m W
d W tl w m
m n m N
N w M
N N
O m r m 0 N
tlwn riN
rIw Mtl
0 o m
H
O W d O ri M
b m h tl
W N m N
d W d
N N
0 o tl o r tl
d tl M N W
M 11 w ri
rl w N
rl rl
O M m O N r♦
w w N m o
N W d H r♦
m m h
v N
tl M' 0 m
Mdrio v d
N N In o w rt
M 1 m ri ri
1 1 I I
w W M O U1
n m W O ri
b m n o n
w M N ri m
N H M m
M
n M n o b
~ N o o d
111 M rt vi N
d w n
N M w
N N
O m m O W
W M M N
M N m
O M rl
rl M
odMoln
wH O
r w N
ri M
r m r o M
rl d N ri
111 N n O
tl m M M
N
o m N O n
m M n N
tl O b
14 d d
N
o w ri o n
ri n ri
b W N
W m N
N M
O m m 0 0
W N n
O m N
M N tl
N r/
O m w O m
N d ri
M W w
o m 111
o d m o n
r N w
N n r
M iv d
N M
o 040
tl
m ri W
O N b
N M
O n M O m
.n tl
W M r
m N
N
0000000 0
W mmMmOd ri r♦
N d h N m o w h o
NH m N m 0 N N rl
I I W N H O M I
1 1 I rl i
O ri M w . N N ( nI d
tl M M m m M m w d
d m ri W ~ m~ M
M N n
N N m
M
rirlMmhoin
N M O b N in
b O d n N M
M w n
m N
M M m o m o m
H n M M 0 N
m m N rl M
M m N
rI
W O M O W 00
wwb rt
M O M N
M In
N
M M O O N O O
m N O m
d O N W
M N
N
Ind ooMOO
Mb vlN
d d o
M N H
N
N h 0 0 H O O
o H N
m w M
M IOn
n m o o w o o
m m m
N h d
M N
d m o w w o 0
m N w m
b O W
m o
N
rimootloo
ri w in
r r b
M ro
.a rioMno W
h N N O N
rul NW
M rl
N
r N O O M O O
no n w
H m
m to
V
F
W
~WN
n
W
9 r
i
[
a
W
M W M W
.7
~rrr1111
W
W
H
z Q
g z ~a
~r
z
o w
a
p
l
[W7 D Ea ai yyHII Itl 2W
W
,W2~a, tp97 E O
U
d
w
ta
~
H
v~ UW1
e
p
H WU' SEE W ~7
~
W
N
a
p Up w W F W tzn W
W N M
W E
W PG O b
w
s
O
W
W Ik O W
6
a
.
N K O q U W
w
V
O
aWO H W
h V E2W
O W H
M
w
q~ paOp
pp
1U-~ ~r
a
U
,
W {rOq~ {rOp~ pW7 pp
O
-I
U ~rOq~ rp
W Wp
ty I
O
N
.7 O W 4!
W Y., OG
E .7 «7 W W R
~7 W I/1
X '7 .7 bi GJ 04
H
W
ri O M N O O O O m O
C G W W C C C O 0 0
aa
a
z
O
m N N M 11'f W
O O O o O W
aa
4
[[.~I
Z
O N N M In
0 0 0 0 0
~7
r.~
ry'
y
m N M d O
o o o a O 0 o o o
a
a
N o N ei 00 a o N O
t I i i 1 1 1 1 1 i
F
O
H
E
N r♦ r♦ rt W
H l l l a
I
F
O
IR-~~
o N ri N N
1 1 1 1 1
E
O
FC
r,
H H H H H H o
1 1 1 1 1 -I 1
F
O
a
O ei 0 0 M tl UI w 0 N
F
a
M M M M M
A
F
Fi
M N N N N
H
W W m W W W.
H
a
{4
1.7
N N M M N N N N M M
m m m m m m m m m m
N In In N I!1 N YI 111 1t1 m
I
W
p
E
a
O
M M M M M
m m m m m
N Yl In in UI
i
p
'j.~
N M M M M
m m m m m
1!1 In In -
2
1
W
p
N
I.]
a
W W W W W W N
m 111 V1 m N in m
m In in N 1n N to
I
p
E
F
la4
WW
I 1 1 I 1 1 1 I i i
M M M M M M M M M M
m I!1 In In In In N in I!t N
N
a
W
$
I I 1 1 1
M M M M M
w w w b b
Ul
H
A
a
I I 1 I 1
d d d d tl
w w w to w
VJ
H
a
W
I I 1 I 1 I 1
0 0 0 0 0 0 0
w w w w w b w
(q
7.~
WW
I 1 1 1 1 1 1 1 1 1ri
ri ri ri ri ri ri ri 4 rl
W
I I t i i
ri rl ri rl r7
1.1
C
I i I 1 I
rl rl rl rl rl
F
a
I I I I 1 I I
rl rl ri ei rl ei ri
C7
0 0 0 0 0 0 0 0 0 0
E
0 0 0 0o
W
0 0000
£
o
000000
Cry
[tt ,
ID,
m`
e W n ~ m m in v
I O
i~ U r M N 1-
m
'
ry
O
° \ 0''
m N 01 O r O
l
in N tD H v in
o
V-
C
o \ 0 0 0\°
4
l CO O N O OD
o
In
\ o 0
O O O
aM O In
0
01
m
0~
t0
In
d
to
m
o
O
If7
Ohmc
; to
H
El H I I H y1 I h
U I m
ay H
O
N H h O m
I N I t0 N
1 1
H O H O UI
O 1 0
H H I
H
1
N O
m O N N
1 H i
N
V
1
tD
I
I
U)
p
I
m
1
O O1 Q1 H N e
E M O H W W m
W t-1 m M lD 'i v
[
~
'
1 E"
In
m
r co to a M H
It 11 m 01 1 I
M
1-
F O N O O
m UI t0 O
I In N m O r
Ch
~M
N O m
m" N
M
U1
O
<p
O
yl
00
m
F
A
.
7
In H N e>' of
O r VI
W H N
~
in m~ H H
r
ry
r N
H
ry n
m
V
sN
N
in
U1 H M M M b
U) N 01 h m h
H
H m H H N m V
m a
V~ gy N
m
M
O
m
m
U1 to CO OD 0
m N Ul
U1 H H N e11 M
c1l
O -4 m H
H
M
Cl
!n
H
M O tD O N
m O m
01 H
co t0
M
N
H
H
M O 01
m m
M O
U1
N
N
Vt
U1
O
N
01
H
O
N
Qt
H
a}
Ul
h
In
10
tD O1 F a in O
VI N
N t0 U1 H
Ri N e-I n r N v
P
{
O
O/
N
O U1 0 0 U) o
w" N N in
r N O m
o
.M
m
H O
N 00
OD
C
Ol N
N
N
N
000
O
O
O
M
U1
m
F
r
OD
H
N
n v H
H
H
b M
O
H
V
N O O O tD N
co U1 m m
Rj ri " 1
~
+
i
O
N
M
m N H O O r
m H U) r
If1 r m
In
N
h
r O H O m
co m co
N tD v
H
m
01
000
O
O
O
U1
n
M
F
r
N
U7
N
M 1+f
Vt
H
O in
H
dl
ry
m
~
to r m 01 m sIt
W N H to 0 co N m m 0
1; v
H
H
0 0 co w m
M O H co
O UI 1
N
sN
h
m
m 0 H 00
U) M
to h
m
OD
M
H O O
N F
H r
N
0%
m
O
O
in
0..
00 H N ~ m
a
O1 U1 H H
r
n rl
Ch
e
LD
0
a
l0 O1 m o o H
•i M O N M
W O U1 'n M N v
H m Ot a}
O H
RHj N
i C
y m co H m O 01 O1
E H a, M F m N
~~~Wryryry H W m H N H N v
a Q r n sn
N
P4
r
H
N
m
01
co
ep
m
M
m O m U) O N
w It, 'r,
H s} to Ol
O1 Vt H
o in o o m
w
N e11 Ut
in N
H
m
N
lD
H
O
r.
N
m
H
Ol 0 0 0 0
U1 "
11 U1
n in
O r 0 0
14 V~
H h M
O H
H H
m
U1
m
ry
H
O
N
N
N
000
00
- h
H
0
O
h
H
0
1
U)
0
m
U)
N
~
H
to
In
m
H
p
co
H i.j to N r N VI N
' !'A. 01 H 01 H r m
H y0 tD h N V
y z o r a
Q O M H
m
O
M
H
W
rl Op 0, O O r
H b H U1 Ul M
n m v Cl
m w
in
M
m
w
H
N O O 00
to 0
m to
co n
H
N
H
o
w
N
000
O
O
O
to
U1
to
r;
m
a H
W a
M l0 m m o H H
V co co y
a+ U n N N
04 O H N V
I~
co
.y
O
m
~N
w 0 to O co H
H OD U7"m
to r... in "
at Uf
N
O
m
m
to
N
p O h 00 mm
n h H
tp
r
r
cc 0 0
tp
O
to
O
1
0
r
N
OD
W Vt O m" w
InrMrrm
(9 W r 01 ell N N
N
N
N
m O co a m"
vl mmtom
M F Z 01
m
in
to
m 0 n 0 0
H V
m H
U)
to
i
N O 01
H m
N N
H
O
11
l0
to
m
to
m
m
O
H
F
N
W
N
T H
H
H
m in
dl
H
H
H
H
'H
h
n
to0roCD a
h H 01 H H
h H m M y
r
m
N
roID ln00
N rl (q W)
M H H H
m
n
MOHOO
01 m
H m
a4
m
O
000
O
O
O
tT
ry
sy' 01 ep aM
H
m
N
H M H
H
UI
H
co ID
Ln
t"I
Ln
t0 O O to
0 OD m %D tD to
a H M U1
~
M
M
O
r 0 0 Ul O F
n m m
r m N
01
m
M
m O m 0 0
m 10
r n
h
In
in
O O O
O
N
O
O
N
O
O
01
co
H
N
OD
Ol
U) N
m
N
N
p
~M
M W
W U
W U
W
a W H
a W H
a
H
~W
7
dl
O
.
ai
U
W
tZ W W
U
Ln
WW
y
~
a U O
W O
Al
W Q j~ U' a
aUHQ U
N
W to ~j
~j H 0
9UHLIA
W U' D H
W
~i G
C
C7
H
H
c
q
W U
O
H
In
H V
O
1 W
a U
cA _
a V Qa
O H U
W a
as
O
O
U
U
in
pE
GGu,,, E
~ W
(r
AC Gk
7
O O W y
.p
C~
pE
b
7 O O W to E
H
~W
C
a
W
R
h
r
O£ W m
a
t
C7
O O M U) t0
0 0 0 O O O
H O O H H H
1a~
W
H O O m m Ol
0
0 0
0 0 0
H O Ol M U)
0 0000
H N Ol
O
000
01
O
,
i i 1 1 1 1
off
0
0
o
i
E
W
P4
1-1 o H H H
1 I i I 1
E
pO
H H H
1 1 1
H
p
H
1
E
pO
0
'p
N N N m m m
M
1
O
VJ
e
Nmmen
N N N m m m
I
OHOOO
N N m m m
E
1
000
N-N
E
1
O
E
Cl N
Ch 0) a,
m O M m OI m
N m U) Ul U1 U1
'
l
Oj
m Ln
n m m
UI N
E1
OI Ot a, O1
{Q
m
M O1 Ot
(Q
m
U1
M
a,
1
(Q
E
Q
O
1 1 1 1 1 1
r
O
to L
H U) Ul U1
1 1 1 1 1
rHj
~ Ul In UI N
N
N U) U1 U1
1
in
[y
N
WWW
H H H H H H
1
N N N N N
0
,
C'
1
1 1
N L
in in UI Ui
in in
in
U1 U1 UI UI U1 in
F
i
u)
yi u)
.
0
in N U
tp t
.
p
co
P
1 1 1 1 1 1
I
I
I I I I
p
N
U7
7 Uf
Ln UI In (n
to
OC
Ul
y
7
14
H H H H H
O
000
H
1-4
H H
~
O
H H H H H
H H H
ry
1
ary''
00
0
0 0 0 0 0 0 0
U
0 O 0 0 0
0 0 0
W
O
(ry
O)
CL
E
Pi
0
a
U O
s-1
~yyyH1 N
O
M
w a
apI
W Q
zz
O H
H ^
H
H q
q O
N Ha
W W
u a
H
a a
w °w
m
N
C7
a
0
CL N
N N
r ~
ded de 0e 00e0
^ W 01 M N v ep N OI O N N
~ m m b 01 ID ei m O m M
M N rl VI M H N O O N
H H a M i Ifl M r Ill N O y~ I
U p~Gi 1 I yl I I I ei 1
VI M O m M n O N 0 0
E a o mlo lomnrlo ei lD
~qIS NNV1oHrmmoln
~~HO ~o~ll.-i mrn~-loo
.-I n n Io rn v
W E M .i ei
N H m 01 ~-I ~i N O M M
y~ ~ ~-1 O IA m 111 m 01 IA N
p'i Q h m ~-1 I(1 sN O1 dl f0
H O 01 N m co 0 N Ot
E H m m M .4 M
M If H
Inl0mvowmono
N M O1 M w r, w n
a m ~o .-I N m 1n h
R 1-1 m H .q m of
N M
m m o a, O 1o m o v 0
N b M rn v N n
M .-I m .-t M .-I n
r.) (14 m b m
a H
inNotoowmau)O
N O1 H VI O O, dl
q M N N 1 ei 111
W
[V In CO n
N N
N N
in to ooID oooco o
Ion N Non
M m O m
la N N N eM
M N
1o M v n o o o o r m
U N N O o m
q N v M n M
In N
o m m o o m m o o m
y .i N in n 1D N
OZ N n 0 m 1p
O
2 .-I M 1o v 1n
M ei
m H o O O m m H O o
in 0 o n
p
E+ m 1o It n m n
u CD -0 m m OD fn
- M w
O m m o 0 o 10 O N O
M O n H v N O N n
~ n QI m N Ifl m M
M ei ei v
x
n
N
ei
ei
0
m
OD
OD
m
co
m
O
n
m,
a'.
n
N
W
m
v
n
rn
b
n
b
ko
n
N
.-I
Q1
01
0
omr rroowcoo m
H M 01 M w h H
M N Ot N n a1
pq n M M m
m H In
O v O O m O M O o 0 O
rl v N o1 N h to
m In M In h 10
10 o M H
a
a O
w u a o A.
WWo
W z a ? D
a 0 aa~'~'aa
uW,O~~mmmvW,zz
r Wza oW w H H W u W u U S
m W W W O O W W OU
W O M M 01 O O N M N M
U 0 0 0 0 0 0 0 0 0 0
H O ~-i ei ei O O ery ep N O
^r . i l i l i l t i l l
a 10101010.-IM 1o Io1010
W H H H H N N E
m o m m m m m mm mmm
m m m O
In 1n 1n In m m m In u1 N H
yi I 1 1 I i I i i i 1
U N to mN O O N N N h
a n n h h n n r h'h r
'~Za7i I I 1 1 1 1 I I i 1
W 0 0 0 0 0 0 0 0 0 0
a,
CL
RMLD
DEFERRED FUEL
CASH RESERVE ANALYSIS
4/30/10
GROSS
MONTHLY
TOTAL
DATE
CHARGES
REVENUES
PASNY CREDIT
DEFERRED
DEFERRED
J'un-09
1, 739, 394.25
J'ul-09
4,071,238.32
3,748,077.09
(3,440.16)
(326,601.39)
1,412,792.86
Aug-09
4,051,360.93
4,269,717.20
(35,903.32)
182,452.95
1,595,245.81
Sep-09
2,973,452.04
4,335,754.22
(31,274.85)
1,331,027.33
2,926,273.14
Oct-09
3,206,685.71
3,559,022.94
(41,650.59)
310,686.64
3,236,959.78
Nov-09
2,990,338.70
3,187,560.34
(68,908.75)
128,312.89
3,365,272.67
Dec-09
3,964,453.98
3,177,509.05
(29,048.13)
(815,993.06)
2,549,279.61
Jan-10
3,704,455.86
4,473,198.05
(22,862.60)
745,879.59
3,295,159.20
Feb-10
3,106,761.88
3,510,280.41
(80,545.44)
322,973.09
3,618,132.29
Mar-10
3,009,718.08
3,138,855.35
(75,632.25)
53,505.02
3,671,637.31
Apr-10
2,618,558.77
3,034,544.66
(62,656.68)
353,329.21
4,024,966.52
RMLD
STAFFING REPORT
FOR FISCAL YEAR ENDING JUNE, 2010
GENERAL MANAGER
GENERAL MANAGER
HUMAN RESOURCES
COMMUNITY RELATIONS
TOTAL
BUSINESS
ACCOUNTING
CUSTOMER SERVICE
MGMT INFORMATION SYS
MISCELLANEOUS
TOTAL
ENGINEERING & OPERATIONS
AGM E&O
ENGINEERING
LINE
METER
STATION
TOTAL
PROJECT
BUILDING
GENERAL BENEFITS
TRANSPORTATION
MATERIALS MGMT
TOTAL
ENERGY SERVICES
ENERGY SERVICES
TOTAL
RMLD TOTAL
ACTUAL
10 BUD JUL AUG SEP OCT NOV DEC JAN FEB MAR APR
TOTAL 09 09 09 09 09 09 10 10 10 10
2
2
2
2
2
2
2
2
2
2
2
1.5
1.5
1.5
1.5
1.5
1.5
1.5
1.5
1.5
1.5
1.5
1.5
1.5
1.5
1.5
1.5
1.5
1.5
1.5
1.5
1.5
1.5
5
5
5
5
5
5
5
5
5
5
5
2
2
2
2
2
2
2
2
2
2
2
9
9
9
9
9
9
9
9
9
9
9
6
6
6
6
6
6
6
6
6
6
6
1
1
1
1
1
1
1
1
1
1
1
18
18
18
18
18
18
18
18
18
18
18
2
2
2
2
2
2
2
2
2
2
2
5
5
5
5
5
5
5
5
5
5
5,,
20
18
18
19
19
19
19
18
20
20
`
201
7
7
7
7
7
7
7
7
6
6
6
9
9
9
9
9
9
9
9
9
9
9
43
41
41
42
42
42
42
41
42
42
42
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
0
0
0
0
0
0
0
0
0
0
0
4
4
4
4
4
4
4
4
4
4
4
8
8
8
8
8
8
8
8
8
8
8
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
80
78
78
79
79
79
79
78
79
79
79
UG LINE
2
2
2
2
2
2
2
2
2
2
2
TOTAL
2
2
2
2
2
2
2
2
2
2
2
GRAND TOTAL
82
80
80
81
81
81
81
80
81
81
To: Vincent Cameron
From: Energy Services
Date: May 18, 2010
Subj ect: Purchase Power Sumrnary - April, 2010
Energy Services Division (ESD) has completed the Purchase Power Summary for the
month of April 2010.
ENERGY
The RMLD's total metered load for the month was 53,060,306 kWhs, which was an
increase of .23 % compared to April, 2009 figures.
Table 1 is a breakdown by source of the energy purchases.
TABLE 1
Amount of
Cost of
% of Total
Total $
$ as a
Resource
Energy
Energy
Energy
Costs
%
(kWh)
($/Mwh)
Millstone #3
1,157,674
$4.61
2.18%
$5,342
0.20%
Seabrook
5,703,774
$8.89
10.74%
$50,718
1.94%
Stonybrook
848,389
$60.77
1.60%
$51,561
1.97%
Constellation
14,400,000
$59.82
27.10%
$861,372
32.89%
PASNY
1,910,788
$4.92
3.60%
$9,401
0.36%
ISO Interchange
9,466,333
$32.54
17.82%
$308,755
11.79%
NEMA Congestion
0
$0.00
0.00%
-$2,620
-0.10%
Coop Resales
60,789
$132.90
0.11%
$8,079
0.31%
Stonybrook Peaking
0
$0.00
0.00%
$33
0.00%
Integrys
11,028,000
$76.00
20.76%
$838,085
32.01%
MacQuarie
8,476,000
$56.53
15.95%
$479,149
18.30%
Braintree Watson Unit
80,492
$107.88
0.15%
$8,684
0.33%
Monthly Total
53,132,239
$49.28
100.00%
$2,618,559
100.00%0
Table :2
Amount
Cost
% of Total
Resource
of Energy
of Energy
Energy
(kWh)
($/Mwh)
ISO DA LMP
8,564,710
39.05
16.12%
Settlement
RT Net Energy
901,623
32.77
1.70%
Settlement
ISO Interchange
9,466,333
38.45
17.82%
(subtotal)
Table 2 breaks down the ISO interchange between the DA LMP Settlement and the
RT Net Energy for month of April, 2010.
CAPACITY
The RMLD hit a demand of 95,585 kWs, which occurred on April 7, 2010 at 9 pm. The
RMLD's monthly UCAP requirement for April 204 was 252,893 kWs. Table 3 shows
the sources of capacity that the RMLD utilized to meet its requirement.
Table 3
Source Amount (kWs) Cost ($/kW-month) Total Cost $ % of Total Cost
Millstone #3
4,995
$47.02
$234,859
14.64%
Seabrook
7,916
$54.25
$429,454
26.76%
Stonybrook Peaking
32,456
$1.52
$49,440
3.08%
Stonybrook CC
50,684
$3.15
$159,656
9.95%
Pasny
6,311
$1.88
$11,896
0.74%
HQICC
5,631
$3.80
$21,375
1.33%
ISO-NE Supply Auction
134,047
$4.12
$551,930
34.40%
Braintree Watson Unit
10,853
$13.45
$145,971
9.10%
Total
252,893
$6.34
$1,604,581
100.00%
f
Table 4
Resource
Energy
Capacity
Total cost
% of Total Cost
Millstone #3
$5,342
$234,859
$240,201
5.69%
Seabrook
$50,718
$429,454
$480,172
11.37%
Stonybrook
$51,561
$159,656
$211,217
5.00%
HQ II
$0
$21,375
$21,375
0.51%
Constellation
$861,372
$0
$861,372
20.40%
PASNY
$9,401
$11,896
$21,297
0.50%
ISO Interchange
$308,755
$551,930
$860,685
20.38%
Nema Congestion
-$2,620
$0
-$2,620
-0.06%
Coop Resales
$8,079
$0
$8,079
0.19%
Stonybrook Peaking
$33
$49,440
$49,473
1.17%
Integrys
$838,085
$0
$838,085
19.85%
MacQuarie
$479,149
$0
$479,149
11.35%
Braintree Watson Unit
$8,684
$145,971
$154,655
3.66%
Monthly Total
$2,618,559
$1,604,581
$4,223,140
100.00%
TRANSMISSION
The RMLD's total transmission costs for the month of Apri
l, 2010 are $583,311. This is
a6.8% decrease from the March 2010 cost of $625,865. In 2009, the transmission costs
for the month of April, 2009 were $515.705.
Table 5
Current Month
Last Month
: . .
Last Year
Peak Demand (kW)
95,585
103,795
110,720
Energy (kWh)
53,132,239
57,958,559
52.979.532
Energy
. W.
$2,618,559'
$3,009,71E
$1,825.571
Capacity
$1,604,581
$1,701,951
$1,744,795
U LO
O O
0 '
L. - a
a_
CL 0
O 00 ti Cfl d' M N r- O 190,1
suollim ui saeilo® `'o~
V
.O
L
L
W
Q.
D
E
402
N
3
i
Q
0
C
0
3a
c
°
CO
a) W
ca
0
L
•
~
=3
E
a c
0
"
.3
N
a)
0
m
W C
a!
c'
9,
ca
O
c
"D
a
OQ
CL
- -Id
O L
CD
-0
O
C
CO
c 0
0
0
0
V
cc
N
'C
d
3
'C
d
C
O
LD
cn
C
a)
N
O
V Y Y
O
C C
CD
N
tOn
0
U
O O
U 3 3
C d
+ U)
r
O
U O
C =
E
p r..
N
L V- V-
O O
O
p
.
d d
co
~
N
U
•cg
r_
0 0
= N
0
a) C
N 0 .
• r
-
O N K 0 0
E
0
_
N
C
1
p_
+ Y .2
O a) a) a) 0 D a) E
•O U-
Vl
a 't0
= a fl O C C
•
Q.
t6 a)
w
a n o fl a
0 O.
•0 c
0
a)
3
~
E
0
-
r
E~
Z
)
0a
C.)w
C6000mm
OO0mm
cr cc
L W s
i
a
I
Z
00000,
UUUUU~-
0
UU W
5-
4)
Lm~
Ri
tC
D
~
C
C
O
O
0
0) co 0)
O
O
O 0 00) 0)
O O
O
O
000
d
00000
a
c s!.
0
O
>1
CL
~ ~ ~ ~ a
r- 04 04
0
E
p
O a)
co
O
E
~-N00CD
r7M
co
~Q2
00000
Cj
V
00
0
d
d
d
d
CL
C.
E
Oo
oooLo co
0
o
E
oooooLo
o0
0
O
Oco
00000(0
o)
w
O
OOOOON
CD0
0
0
d
d
00000)0
O0)
O
CO 0
CO 00
00
0
0
000000*
M
`OO
0
O
,
0
O
p
O
G
N
0)
-
U ,C
U
C)04
N O N N M
N
C)
` O
t
O a)
=3 0 m M M
a)
co
~
O CO 1 ti OD 0)
N N
~LL
000000
C)
N
U
L
E
4)
U
O
~ 63 L
f6
i1 -O O
.r
CD
CD CL
> (1)
o~
C
a
a) aD
c
aD
O
E
a) ft
CL
D
o
T E E
E
p
Q N
L
Q)
Q 2 C U U
CD
U
O
VI
U
(D o f
L
a3
O
a)
U U O p a3 f6
L U Q Q
N
fl
Zi
_
`
~o
(D
~o
~E N
CY)
=
Q
M)
d
C
(D p~N~~
p
0
0
C
=
J
O
~
C
O
C
+
+
W
C O
0 0 0
r N~r~-
O
O
O
C O
E
a) ~mUF-
O
Q
• N
Z
W
•CL
C
O
0
0
O
0
76 L ' L L L
0 U w 0 0
L =
0
U)
~
_
O
.
.
d) 15 t5 t
t
*6
CD
~
/
N
W
w
i L i
Q
L
0 0 0 0 0
0=
LL
•a
C a
.
t
6
d
U p
N N N N
N
N
p)
N N N
U U 14
C C C
C
N U
C_
a
C
.O
C•
0
N C C C
(1)
C
C
=
0
O
U)
U ~
Q co U U U
U
U
F-
Q' E- ~ - F- F-
F- CO
LL
V
8:51 AM READING MUNICIPAL LIGHT DEPARTMENT
5/21/2010 FY10 CAPITAL BUDGET VARIANCE REPORT
FOR PERIOD ENDING APRIL 30, 2010
ACTUAL
YTD ACTUAL
COST
COST
ANNUAL
REMAINING
# PROJECT DESCRIPTION
TOWN
APRIL
THRU 4/30/10
BUDGET
BALANCE
4 kV Retirement - Stepdown Areas
- 1 Reading
R
$78,125
$31,415
($46,710)
22 Wilmington - Main Street NEW
W
$112,152
$112,152
System Projects
- 2 Station ##4 Getaway 4W30 Replacements
R
$146,540
$201,712
$55,172
3 Station #4 Getaway 4W17 Replacements NEW
R
$170,779
$170,779
- 4 Salem Street Area
W
$109,129
$171,923
$62,794
5 High Capacity Tie 4W18/3W8 Franklin Street
R
$300
$129,004
$128,704
6 Haverhill Street - Reconductoring NEW
R
$15,753
$174,099
$184,460
$10,361
URD Upgrades
7 URD Completions-Sanborn Village, Reading; Perkins
VAR
$300
$300
$38,496
$38,196
Farm, Lynnfield; and Chestnut Village, North Reading
New Circuits and Circuit Expansions
8 Salem Street to Glen Rd 13kV Feeder Tie
W
$44,395
$236,499
$80,063
($156,436)
9 Reading Center-Main Street
R
$5,363
$13,932
$8,569
10 Reading Center-Haven Street
R
$23,311
$23,311
Station Upgrades
Station #4
11 Transformer Replacement-Part 1-Contractual Labor
R
$636,875
$1,231,500
$594,625
11 Transformer Replacement-Part 2-Procured Equipment
R
$964
$157,100
$344,800
$187,700
11 Transformer Replacement-Part 3-RMLD Labor
R
$11,654
$329,640
$432,405
$102,764
11 Transformer Replacement-Part 4-Feeder Re-Assignment
R
$228,159
$228,159
Station #5
23 151kV Circuit Breaker Replacement NEW
W
$157,528
$157,528
New Customer Service Connections
12 Service Installations-Commercial/Industrial Customers
ALL
$4,471
$40,257
$54,184
$13,928
13 Service Installations - Residential Customers
ALL
$17,642
$154,419
$176,623
$22,204
14 Routine Construction
Various Routine Construction
Total Construction Projects
ALL $188,531 $1,185,852 $1,537,896 $352,044
5283,711 $3,254,497 $5,320,343 $2,065,846
Other Proiects
15 G15
16 Transformers/Capacitors Annual Purchases
17 Meter Annual Purchases
18 Purchase Two New Small Vehicles
19 Replace Line Department Vehicles
20 Cooling Towers
21 Security Upgrades
27 Hardware Upgrades
28 Software and Licensing
Total Other Projects
TOTAL RMLD CAPITAL PROJECT EXPENDITURES
completed projects
$1,000
$44,450
$52,984
$8,534
$16,249
$241,389
$225,140
$1,580
$23,682
$139,360
$115,678
$62,555
$62,000
($555)
$349,192
$353,823
$4,631
$8,039
$15,701
$200,248
$184,547
$2,280
$3,770
$25,000
$21,230
$442
$1,654
$43,700
$42,046
$32,450
$94,410
$61,960
$13,340
$549,703
$1,212,913
$663,210
$297,051
$3,804,200
$6,533,256
$2,729,056
Reading Municipal Light Department
Engineering and Operations
Monthly Report
April, 2010
FY 2010 Capital Plan
4 kV Retirement - Stepdown Areas
1. Reading - Project Complete.
22. Main Street - Wilmington - No activity.
System Projects
2. Station #4 Getaway Feeder 4W30 Replacement - Reading Project is complete.
3. Station #4 Getaway Feeder 4W17 - Wilmington - No activity.
4. Salem Street Area - Wilmington -Project complete.
5. High Capacity Tie 4W18/3W8 Franklin Street - Reading - No Activity.
6. Haverhill Street - Reading/Lynnfield - Framed, installed pulling rope and new
secondary cable; pole transfers; energized new secondary cable.
URD Upgrades
7. URD Completions - Sanborn Village, Reading; Perkins Farm, Lynnfield; and
Chestnut Village, North Reading Engineering Labor- Sanborn Lane.
New Circuits and Circuit Expansions
8. Salem Street to Glen Road 13 kV Feeder Tie - Wilmington - Cunningham Street:
Installed new cable, primary spacers, cross arms, hardware, gang operated switches.
Transferred lateral primary wires, made taps for switches; framed, pole transfers;
installed new transformers.
9. Reading Center - Main Street - No activity.
10. Reading Center- Haven Street- No activity.
Substation Upgrade Proiects
11. Transformer Replacement - Station 4 - Reading
Part 1 - Contractual Labor - No financial activity.
Part 2 - Procured Equipment - Various parts/equipment
Part 3 - RMLD Labor- Relay panel relocations and control wire modifications.
Part 4 - Feeder Re-Assignment - No activity.
23. 15kV Circuit Breaker Replacement - Station 5 - Wilmington - No activity.
New Customer Service Connections
12. Service Installations - Commercial/Industrial Customers - This item includes new
service connections, upgrades, and service replacements for the commercial and
industrial customers. This represents the time and materials associated with the
replacement of an existing or installation of a new overhead service, the connection
of an underground service, etc. This does not include the time and materials
associated with pole replacements/installations, transformer
replacement/installations, primary or secondary cable replacement/installations etc.
This portion of the project comes under routine construction.
13. Service Installations - Residential Customers - This item includes new or upgraded
overhead and underground services, temporary overhead services, and large
underground development.
14. Routine Construction - The drivers of the Routine Construction budget category
YTD are listed. This is not an inclusive list of all items within this category.
Pole Setting/Transfers
$160,655
Maintenance Overhead/Underground
$379,689
i ro cts Assigned as Required
$114,094
Pole Damage (includes knockdowns) some reimbursable
$84,510
Station Group
$48,522
Hazmat/O# Spills
$11,318
Porcelain Cutout Replacement Program
$106,729
Lighting Street Light Connections
$22,323
Storm Trouble
$36,946
Underground Subdivisions
$81,817
Miscellaneous Ca ital'Costs
$139,250
TOTAL
$1,185,852
*In the month of April, 10 cutouts were charged under this program. Approximately 30
cutouts were installed new or replaced because of damage making a total of 40 cutouts
replaced this month.
29. Force Accounts - The Commonwealth of Massachusetts requires utility plant
equipment relocations in conjunction with various roadway reconstruction projects.
No projects scheduled at this time.
2
Reliability Report
Two key industry standard metrics have been identified to enable the RMLD to measure and
track system reliability. A rolling 12-month view is being used for the purposes of this report.
Customer Average Interruption Duration Index (CAIDI) - Measures how quickly the
RMLD restores power to customers when their power goes out.
CAIDI = Total of Customer Interruption Duration for the Month in Minutes/ Total
number of customers interrupted.
RMLD 12 month system average outage duration - 44.29 minutes
RMLD 4 year average outage (2006-2009) - 50.98 minutes per outage
On average, RMLD customers that experience an outage are restored in 44.29 minutes.
90.00 -
a; 80.00 -
E 70.00
n
m 60.00 _5323_-
*M 50.00 - - - -
. .n r. -ac
66.05
60:54- -
- - 660
O°b O°b O°b (Z§b pb p°b p°b NO NO N
~oA, O~~ ~a~ ~o~ ~a~ PQt
--o - Monthly minutes per outage
- • - RMLD 12 month system average outage duration 44.29
RMLD 4 year average outage duration 50.98 (2006-2009)
O 40.00
L
4) 30.00
C 20.00
10.00 - - -
V - - - - -
0 00
76.52
3
System Average Interruption Frequency (SAIFI) - Measures how many outages each
customer experiences per year on average.
SAIFI = Total number of customer's interrupted / Total number of customers.
RMLD 12 month system average - .69 outages per year
RMLD 4 year average outage frequency - .82
The graph below tracks the month-by-month SAIFI performance.
1.80
1.60
1.40
73 1.20
o- 1.00
> 0.80
m 0.60
m 0.40
L 0.20
0.00
Months Between Interruptions (MBTI)
Another view of the SAIFI data is the number of months Reading customers have no
interruptions. At this time, the average RMLD customer experiences an outage every
17.39 months.
4